Financial Institutions

Voluntary Liquidation

SECTION 19-10-3

§ 19-10-3. Application of receivership provisions – Powers of court.

During the period of the liquidation, the financial institution or credit union shall be subject to the same provisions provided in this title for the regulation of financial institutions or credit unions in the hands of receivers. Nothing in this chapter shall be construed to abridge the jurisdiction of the superior court sitting in equity over the financial institution or credit union.

History of Section.
(P.L. 1995, ch. 82, § 48.)