§ 54C-81 – Supervisory control.
54C-81. Supervisory control. (a) Whenever the Commissioner of Banks determines that a savings bank is conducting its business in an unsafe or unsound manner or in any fashion that threatens the financial integrity or sound operation of the savings bank, the Commissioner of Banks may serve a notice of charges on the savings bank, requiring […]
§ 54C-82 – Removal of directors, officers, and employees.
54C-82. Removal of directors, officers, and employees. (a) If, in the Commissioner of Banks’ opinion, one or more directors, officers, or employees of a savings bank has participated in or consented to any violation of this Chapter, or any other law, rule, or order, or any unsafe or unsound business practice in the operation of […]