§432:1-503 Closing of doors without notice. If, upon the examination of any society, it is found to be insolvent, or if it is deemed necessary by the commissioner for the protection of the interests of its members or the public, the commissioner may at once close the doors of the society without any notice and take charge of the books, assets and affairs of the society until the appointment of a receiver as provided by law. [L 1987, c 347, pt of §2]
Section: Previous 432-1-406 432-1-407 432-1-408 432-1-409 432-1-410 432-1-501 432-1-502 432-1-503 432-1-601 432-1-601.5 432-1-602 432-1-602.5 432-1-602.6 432-1-603 432-1-604 NextLast modified: October 27, 2016