North Carolina General Statutes § 53-403 Termination of conservatorship

If the Commissioner is satisfied that the conservatorship may be terminated with safety to the clients, creditors, and shareholders of the State trust company, and to the public, the Commissioner may terminate the conservatorship of a State trust company and permit the company to resume the transaction of its business, subject to such terms, conditions, restrictions, and limitations as the Commissioner prescribes. (2001-263, s. 1.)

Sections:  Previous  53-396  53-397  53-398  53-399  53-400  53-401  53-402  53-403  53-404  53-405  53-406  53-407  53-408  53-409  53-410  Next

Last modified: March 23, 2014