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(a)
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(1) No person shall appear in opposition to the application unless the person has filed a written protest to the application within fifteen (15) days after the actual filing of the application.
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(2) The protest must be accompanied by a filing fee of not less than two thousand dollars ($2,000) nor more than five thousand dollars ($5,000) for each protestant, such amount to be set by State Bank Department rule.
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(b) At the hearing all persons sponsoring the application and any person making a timely written protest against the application may appear. The attorneys for any such person may appear and be heard.
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(c) The Bank Commissioner will participate with the State Banking Board in the hearing.
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(d) The board or the commissioner may subpoena witnesses on their own motion or on the request of any party to the proceedings.
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(e)
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(1) The admission of evidence at the hearing shall be controlled by § 25-15-213. The parties shall have the right to cross-examine witnesses.
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(2) Official notice may be taken of judicially cognizable facts and of generally recognized technical or scientific facts within the board’s specialized knowledge.
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(3) The parties may bind themselves by stipulation.
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(f) The applicant shall be responsible for procuring and paying for a verbatim record of the proceeding. It will be the duty of the applicant to furnish at least one (1) copy of the transcript to the commissioner free of charge.
