Financial institutions

Creation and Expansion

SECTION 19-2-3

§ 19-2-3 Application to form financial institution – Issuance or denial of certificate.

The subscribers to the agreement to form shall make application to the director or the director's designee for a certificate that public convenience and advantage will be promoted by the establishment of the financial institution, which certificate the director or the director's designee is hereby authorized to grant. The decision on the certificate may be appealed pursuant to chapter 19-1.

History of Section.
(P.L. 1995, ch. 82, § 39; P.L. 2013, ch. 50, § 3; P.L. 2013, ch. 57, § 3.)