9-1902a.   Undercapitalized, when.A bank or trust company is critically undercapitalized whenthe ratio of its capital to total assets is equal to or less than 2.0%. Forthe purposes of this section, capital shall be the sum total of theinstitution's common stock, surplus, undivided profits, capital reserves,noncumulative perpetual preferred stock and outstanding cumulative perpetualpreferred stock (including related surplus).

      History:   L. 1993, ch. 7, § 1; March 18.