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Michie's Legal Resources  
PART 2 POWERS
11-108-201. Powers - general corporate - loans and investments - rules of banking board.
11-108-202. Special powers.
11-108-203. Trust, fiduciary, and agency powers - when.
11-108-204. Forbidden powers.
11-108-205. Industrial bank organized as a limited liability company.
 
PART 3 CHARTERS
11-108-301. Incorporation.
11-108-302. Charter - application - fee - issuance procedure - change in location.
11-108-303. Amendment - where filed.
11-108-304. Certificate approving amendment.
11-108-305. Capital structure - inadequacy.
11-108-306. Assessments.
 
PART 4 RECORDS, REPORTING, AND INFORMATION
11-108-401. Subject to corporation laws - powers of banking board - examinations by commissioner - reports by industrial banks.
11-108-402. Requirements for acquiring control of industrial banks - definitions.
11-108-403. Reports on condition and income to commissioner.
11-108-404. Industrial bank converted to state bank.
 
PART 5 DIRECTORS, PENALTIES, REMOVAL, SUSPENSION, AND ENFORCEMENT
11-108-501. Unsound business practices.
11-108-502. Assessment of civil money penalties by banking board.
11-108-503. No indemnification or insurance against civil money penalties.
11-108-504. Removal of director, officer, or other person.
11-108-505. Suspension of director, officer, or other person.
11-108-506. Informal enforcement authority.
11-108-507. Director and officer insurance and fidelity bonds - legislative declaration.
 
PART 6 LIQUIDATION AND DISSOLUTION
11-108-601. Voluntary liquidation and dissolution.
11-108-602. Involuntary liquidation by banking board - reorganization.
11-108-603. Injunctions - appeals.
11-108-604. Liquidation by banking board - procedure.
11-108-605. Sale of bank stock.
11-108-606. Federal deposit insurance corporation as liquidator.
11-108-607. Assets sold or pledged as security.
11-108-608. Enforcement of directors' liability.
11-108-609. Application of deposits.
11-108-610. Emergency grant of new charter.
11-108-611. Emergency grant of branch facility.
 
PART 7 BANKING PRACTICES
11-108-701. Saturday closing - notice - effect.
11-108-702. Limitations on secured borrowing.
11-108-703. Federal deposit insurance corporation membership required.
11-108-704. Acquisition of property to satisfy indebtedness.
 
PART 8 CRIMINAL OFFENSES AND VIOLATIONS
11-108-801. Criminal offenses.
11-108-802. Certain violations.
11-108-803. Prosecutions.
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