17-5624. Same; certificate ordering reorganization.

17-5624

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

      17-5624.   Same; certificate ordering reorganization. Such determination shall be evidenced by the commissioner's certificate under the seal of his office delivered to the association stating that unless the association reorganize under the provisions of this act within a period of ninety days from the date of such certificate, or within such further time as the commissioner shall approve, the commissioner will proceed to liquidate the association.

      History:   L. 1943, ch. 133, § 177; July 1.