17-5603. Grant of approvals; consultation with federal savings and loan insurance corporation.
17-5603
17-5603. Grant of approvals; consultation with federal savings and loan
insurance corporation.
In granting any of the approvals referred to in the following sections
of this act, the commissioner shall consult the federal savings and loan
insurance corporation, if the association affected by any such approval is
an insured institution. The commissioner shall endeavor to obtain the
approval, formally or informally, of said corporation. The commissioner
may, in his discretion, withhold any approval referred to in this act if
said corporation withholds its approval.
History: L. 1943, ch. 133, § 153; July 1.