51A-7-6. Closing branch--Approval required--Violation as misdemeanor.
35 words·~1 min read·
/sd/title-51/chapter-51-7/51a-7-6·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No branch bank may close without the approval of the director. If a branch is closed the branch certificate shall be surrendered to the division. A violation of this section is a Class 2 misdemeanor.