TITLE XXXV
BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

CHAPTER 395
LIQUIDATION UNDER SUPERVISION OF THE BANK COMMISSIONER

Section 395:1

    395:1 Petition. – If any institution under the supervision of the bank commissioner shall refuse to permit an examination of its affairs by the commissioner, or to furnish the necessary facilities therefor, or shall violate its charter or any law of the state after having been notified in writing by the commissioner of such violation, or if at any time it appears to the commissioner that its business is being conducted in an unsafe or unauthorized manner, or that it is necessary for the public safety that it should not continue to transact business, the commissioner may represent the fact by petition to some justice of the superior court.

Source. 1911, 68:2. 1915, 97:1. PL 268:1. RL 316:1.