9-1708. Penalty for refusal to be examined.
9-1708
9-1708. Penalty for refusal to be examined.
Whenever any officer of any bank or trust company shall refuse to submit
the books, records, papers and instruments of such bank or trust company to
the examination and inspection of the commissioner, or any of the
commissioner's assistants or examiners, or in any manner obstruct or
interfere with the examination and investigation of such bank or trust
company, or refuse to be examined on oath concerning any of the affairs of
such bank or trust company, the commissioner may revoke the authority of
such bank or trust company to transact business, and with the concurrence
of the attorney general may institute proceedings for the appointment of a
receiver for such bank or trust company.
History: L. 1947, ch. 102, § 95; June 30.