17-5635


Chapter 17.--CORPORATIONS


Article 56.--SAVINGS AND LOAN CODE; SUPERVISION

     
17-5635.   Same; federal savings and loan insurance corporation as
coreceiver.

If the association is an insured association, the federal savings and
loan insurance corporation is empowered at its option to act as
coreceiver in the liquidation of the association, and the commissioner
shall appoint the federal savings and loan insurance corporation as
coreceiver in accordance with the written request of such corporation.

     
History:   L. 1943, ch. 133, § 188; July 1.