TITLE 19
Financial institutions

CHAPTER 19-11
Conservatorship

SECTION 19-11-3


§ 19-11-3 Employment of assistance by conservator.

Each conservator, with the approval of the director, may engage legal counsel and procure any other expert assistance and advice that the conservator considers necessary or desirable in the administration of the affairs of the financial institution or credit union, and with the same approval may engage the employees and retain any of those officers and employees of the financial institution or credit union that he or she deems necessary or desirable.

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