TITLE 19
Financial institutions

CHAPTER 19-11
Conservatorship

SECTION 19-11-11


§ 19-11-11 Termination of conservatorship.

If the director or the director's designee shall at any time be satisfied that the further continuance of any conservatorship is no longer necessary or desirable, the director or the director's designee may terminate the conservatorship and direct the conservator to surrender possession of all property then in the conservator's possession to the financial institution or credit union, and permit it to resume business, all upon the terms, conditions, restrictions, and limitations as the director or the director's designee may prescribe.

History of Section.
(P.L. 1995, ch. 82, § 49.)