17-5635

Chapter 17.--CORPORATIONS
Article 56.--SAVINGS AND LOAN CODE; SUPERVISION

      17-5635.   Same; federal savings and loan insurance corporation ascoreceiver.If the association is an insured association, the federal savings andloan insurance corporation is empowered at its option to act ascoreceiver in the liquidation of the association, and the commissionershall appoint the federal savings and loan insurance corporation ascoreceiver in accordance with the written request of such corporation.

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