8-335. Liquidation; insolvency; special shareholders' meeting; report of department.
93 words·~1 min read·
/ne/chapter-8/8-335A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Department of Banking and Finance shall, within ten days next after acquiring possession of such association, convene a special meeting of the shareholders. Notice of such special meeting shall be given by publication in a newspaper of general circulation in the county where such association is located and by written or printed notice posted in a conspicuous place in the office or place of business of the association. At such meeting the department shall present a full report of the affairs and condition of such association as found by its examination thereof.