47.0156 CLOSING EFFECTING A PERMANENT CESSATION OF BUSINESS.
The permanent closing of a financial institution as defined in section
47.015 or
47.0151 for
purposes, or with a result, other than authorized in sections
47.015 to
47.0155 is unlawful unless
at least 60 days' written notice is given to the commissioner.
History: 1Sp1985 c 13 s 181; 1993 c 257 s 6; 1999 c 151 s 6