GroundRules
32-2-1009: Penalty for maliciously declaring mutual association insolvent.
Where this section sits in the code
- TITLE 32. FINANCIAL INSTITUTIONS
- CHAPTER 2. MUTUAL SAVINGS AND LOAN ASSOCIATIONS
- Part 10. Dissolution, Closing, and Liquidation
If, as a result of malice or for personal gain, an employee or agent of the department declares a mutual association insolvent, the employee or agent forfeits the employee's or agent's office.
Collected 2026-09-14T04:51:57Z. Source file · JSON