§ 11605. Commissioner’s coordination of enforcement and corrective action with home state
The Commissioner shall promptly give notice to the home state supervisory agency of each enforcement or corrective action proposed to be undertaken against a state financial institution and, to the extent practicable, shall consult and cooperate with the home state regulator in pursuing and resolving such enforcement action. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 201 - Supervision; Definitions
§ 11205. Emergency closing by financial institution
§ 11301. Preservation of records
§ 11404. Reports required under consumer protection chapter
§ 11405. Exemption from annual report to Secretary of State
§ 11502. Confidentiality of investigation and examination reports
§ 11503. Examinations by federal regulatory agencies; departmental participation
§ 11504. Examinations; cooperative agreements
§ 11505. Cooperative and other agreements
§ 11601. Enforcement powers of Commissioner
§ 11602. Power of Commissioner to impose corrective action
§ 11605. Commissioner’s coordination of enforcement and corrective action with home state
§ 11701. Application of subchapter
§ 11703. Hearings on applications; decisions; general good standard