SEC. 81-14-87. Approval revoked; branch office.

The commissioner may, for good cause and after a hearing, order the closing of a branch office. Such order shall be made in writing to the savings bank and shall fix a reasonable time to close the branch office.

SOURCES: Laws, 1992, ch. 489, Sec. 23; 1994, ch. 622, Sec. 144, eff from and after July 1, 1994

1997 Amendment

Reenacted: July 1, 1997.

SOURCE: 1997 Laws, Chapter 364, Sec. 23, HB389, Effective July 1, 1997.