9-B §912. Capital and management
Title 9-B: FINANCIAL INSTITUTIONS
Part 9: INDUSTRIAL BANKS
Chapter 91: INDUSTRIAL BANKS
§912. Capital and management
1. Stock: classes; par value. The capital stock of an industrial bank shall have a par value $100 for each share, and only one class of such stock shall be created.
[ 1975, c. 500, §1 (NEW) .]
2. Management. Except as otherwise provided in this chapter, the management and operations of an industrial bank must be conducted in accordance with the provisions of Title 13-C.
[ RR 2001, c. 2, Pt. B, §17 (COR); RR 2001, c. 2, Pt. B, §58 (AFF) .]
SECTION HISTORY
1975, c. 500, §1 (NEW). RR 2001, c. 2, §B17 (COR). RR 2001, c. 2, §B58 (AFF).