§ 53-405. Naming of conservator not liquidation.

The Commissioner’s liquidation powers are not treated as possession, and if the Commissioner finds liquidation necessary for a State trust company with a conservator, the Commissioner must use the liquidation powers provided in Subpart B of Part 5.

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Jurisdiction: United States — North Carolina
Instrument: Act or statute
Version: Undated source snapshot
Language: en
Official source: View official record ↗

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§ 53-405. Naming of conservator not liquidation.

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