(1) The application to withdraw shall be delivered to the Director of the Department of Consumer and Business Services. If the director finds that such application conforms to the provisions of this chapter, the director, when all fees and charges have been paid, shall file the application to withdraw and return the copy marked “Filed” to the sender.
(2) Upon the filing of the application to withdraw, the authority of the out-of-state state bank or extranational institution to conduct banking business in this state shall cease. [1989 c.324 §67; 1997 c.631 §302]
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