§ 6-391 – Unauthorized conduct of banking business; false representation

6-391. Unauthorized conduct of banking business; false representation It is unlawful for any person to engage in this state in the banking business as defined in section 6-201 or to make use of the word " bank" or any other words in a manner reasonably calculated to convey the impression that the person is engaged […]

§ 6-394 – Prohibited ownership or control of a financial institution and interest in insurer insuring deposits; assets and reserves of insurer

6-394. Prohibited ownership or control of a financial institution and interest in insurer insuring deposits; assets and reserves of insurer A. No person may own or control a financial institution and at the same time have an interest in an insurer that directly or indirectly insures or purports to insure the deposit accounts of the […]