9-B §151. Declaration of emergency by Governor

§151. Declaration of emergency by Governor Whenever it shall appear to the Governor that the welfare and security of financial institutions and credit unions under the supervision of the superintendent, or their depositors, shareholders, staffs or customers, require, or that the welfare of the State, any section thereof, the inhabitants thereof, financial institutions, credit unions, […]

9-B §152. Superintendent’s powers during emergency

§152. Superintendent’s powers during emergency 1.  Restrict banking transactions.  During the period of any banking emergency declared, the superintendent, in addition to all other powers conferred upon him, shall have authority to order one or more financial institutions or credit unions to restrict all or any part of their business and to limit or postpone […]