17-5561


Chapter 17.--CORPORATIONS


Article 55.--SAVINGS AND LOAN CODE; POWERS

     
17-5561.   Same; final report and accounting; discharge of directors.
Upon completion of liquidation, the board of directors shall file with
the commissioner a final report and accounting of such liquidation. The
approval of such report by the commissioner shall operate as a complete and
final discharge of the board of directors or any member thereof in
connection with the liquidation of such association.

     
History:   L. 1943, ch. 133, § 139; July 1.