It shall be unlawful for any such corporation to commence business until it has qualified as a bank whose deposits are federally insured. The bank commissioner may cause any such corporation to cease doing business whenever it ceases to be qualified as required in this section.
Source. 1965, 279:1. 2003, 165:6, eff. Aug. 16, 2003.
It shall be unlawful for any such corporation to commence business until it has qualified as a bank whose deposits are federally insured. The bank commissioner may cause any such corporation to cease doing business whenever it ceases to be qualified as required in this section.
Source. 1965, 279:1. 2003, 165:6, eff. Aug. 16, 2003.
It shall be unlawful for any such corporation to commence business until it has qualified as a bank whose deposits are federally insured. The bank commissioner may cause any such corporation to cease doing business whenever it ceases to be qualified as required in this section.
Source. 1965, 279:1. 2003, 165:6, eff. Aug. 16, 2003.
