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Article 1 - Merger, Conversion, Change in Place of Business
Section 13-4-101 - Change in Place of Business. - 13-4-101. Change in place of business. (a) Any bank may...
Section 13-4-102 - Amendment to Articles of Incorporation. - 13-4-102. Amendment to articles of incorporation. (a) A bank may...
Section 13-4-103 - Cancellation of Charter. - 13-4-103. Cancellation of charter. (a) The charter of any bank...
Section 13-4-104 - Merger or Conversion Into State Bank; Branch Banking by Merger or Consolidation; Application Fees. - 13-4-104. Merger or conversion into state bank; branch banking by...
Section 13-4-105 - Approval of Merger by Directors and State Banking Commissioner; Disapproval. - 13-4-105. Approval of merger by directors and state banking commissioner;...
Section 13-4-106 - Approval of Merger by Stockholders. - 13-4-106. Approval of merger by stockholders. (a) A merger which...
Section 13-4-107 - Publication of Merger Notice. - 13-4-107. Publication of merger notice. Upon approval of a merger...
Section 13-4-108 - When Merger Effective; Certificate of Merger. - 13-4-108. When merger effective; certificate of merger. (a) A merger...
Section 13-4-109 - Conversion of National Bank, Federally Chartered Savings Bank, Out-of-State State Bank or State Savings and Loan Into State Bank. - 13-4-109. Conversion of national bank, federally chartered savings bank, out-of-state...
Section 13-4-110 - Dissenting Shareholders. - 13-4-110. Dissenting shareholders. (a) The owner of shares of a...
Section 13-4-111 - Effect of Merger or Conversion. - 13-4-111. Effect of merger or conversion. (a) A resulting bank...
Section 13-4-112 - Time for Conforming to State Law. - 13-4-112. Time for conforming to state law. If a merging...
Section 13-4-113 - Transfer of Assets and Liabilities. - 13-4-113. Transfer of assets and liabilities. (a) A bank which...
Section 13-4-114 - Changing of State to National Bank. - 13-4-114. Changing of state to national bank. (a) A bank...
Article 2 - Insolvency
Section 13-4-201 - Conditions. - 13-4-201. Conditions. (a) A bank is insolvent when any of...
Section 13-4-202 - Transactions Deemed Void. - 13-4-202. Transactions deemed void. (a) The following transactions subsequent to...
Section 13-4-203 - Impairment of Capital; Generally. - 13-4-203. Impairment of capital; generally. (a) If the state banking...
Section 13-4-204 - Impairment of Capital; Reduction of Capital. - 13-4-204. Impairment of capital; reduction of capital. The stockholders of...
Section 13-4-205 - Impairment of Capital; Failure to Restore. - 13-4-205. Impairment of capital; failure to restore. If any board...
Section 13-4-206 - Voluntary Liquidation. - 13-4-206. Voluntary liquidation. By prior notification to the state banking...
Article 3 - Liquidation
Section 13-4-301 - Notice to State Banking Commissioner. - 13-4-301. Notice to state banking commissioner. No receiver shall be...
Section 13-4-302 - Federal Deposit Insurance Corporation as Receiver, Liquidator or Subrogee. - 13-4-302. Federal deposit insurance corporation as receiver, liquidator or subrogee....
Section 13-4-303 - When Bank Taken Possession Of; Resumption of Business. - 13-4-303. When bank taken possession of; resumption of business. (a)...
Section 13-4-304 - Application by Bank for Injunction. - 13-4-304. Application by bank for injunction. If any bank deems...
Section 13-4-305 - Appointment of Deputy Examiners. - 13-4-305. Appointment of deputy examiners. The state banking commissioner may...
Section 13-4-306 - When Bank Permitted to Continue Business. - 13-4-306. When bank permitted to continue business. (a) If the...
Article 4 - Collections of Assets
Section 13-4-401 - General Powers and Duties of Commissioner. - 13-4-401. General powers and duties of commissioner. After taking possession...
Section 13-4-402 - Notice to Creditors. - 13-4-402. Notice to creditors. The state banking commissioner shall give...
Section 13-4-403 - Reports; Inspection and Filing. - 13-4-403. Reports; inspection and filing. (a) After taking possession of...
Section 13-4-404 - Rejection of Claims; Allowance of Late Claims. - 13-4-404. Rejection of claims; allowance of late claims. If the...
Section 13-4-405 - Objection to Claims Not Rejected. - 13-4-405. Objection to claims not rejected. Objection to any claim...
Section 13-4-406 - Deposit of Money Collected. - 13-4-406. Deposit of money collected. Moneys collected by the state...
Article 5 - Preferences, Disposition of Assets, Reorganization
Section 13-4-501 - Expenses of Liquidation First Priority. - 13-4-501. Expenses of liquidation first priority. The expenses incurred by...
Section 13-4-502 - Preference to Negotiable Instruments. - 13-4-502. Preference to negotiable instruments. (a) Negotiable instruments issued by...
Section 13-4-503 - Rights of Secured Creditors, Depositors or Creditors. - 13-4-503. Rights of secured creditors, depositors or creditors. The rights...
Section 13-4-504 - Reorganization. - 13-4-504. Reorganization. (a) Any bank reorganization requiring the consent of...
Section 13-4-505 - Hearing to Be Set; Order for Distribution of Assets. - 13-4-505. Hearing to be set; order for distribution of assets....
Section 13-4-506 - Dividends; Borrowing to Pay Dividends; Court Approval Needed. - 13-4-506. Dividends; borrowing to pay dividends; court approval needed. (a)...
Article 6 - Conservatorship
Section 13-4-601 - Appointment; Duty of Commissioner. - 13-4-601. Appointment; duty of commissioner. (a) The state banking commissioner...
Section 13-4-602 - Withdrawal and Deposits. - 13-4-602. Withdrawal and deposits. (a) The state banking commissioner may...
Section 13-4-603 - Termination; Authority of Commissioner. - 13-4-603. Termination; authority of commissioner. The state banking commissioner may...
Section 13-4-604 - Termination; Effect on Payments and Notice. - 13-4-604. Termination; effect on payments and notice. (a) Fifteen (15)...
Article 7 - Completion of Liquidation
Section 13-4-701 - Payment of Stockholders. - 13-4-701. Payment of stockholders. (a) If the state banking commissioner...
Section 13-4-702 - Assets Discovered After Liquidation. - 13-4-702. Assets discovered after liquidation. If assets are discovered after...
Section 13-4-703 - Unclaimed Dividends and Deposits. - 13-4-703. Unclaimed dividends and deposits. (a) Dividends and deposits remaining...