Legislation
SECTION 124
Communications from department of financial services to be submitted to directors and noted in minutes
Banking (BNK) CHAPTER 2, ARTICLE 3
§ 124. Communications from department of financial services to be
submitted to directors and noted in minutes. Any officer of a bank or
trust company who receives from the office of the superintendent an
official communication as defined in article two of this chapter shall
submit such communication to the board of directors at the next meeting
of such board, and such communication shall be duly noted in the minutes
of the meetings of such board.
submitted to directors and noted in minutes. Any officer of a bank or
trust company who receives from the office of the superintendent an
official communication as defined in article two of this chapter shall
submit such communication to the board of directors at the next meeting
of such board, and such communication shall be duly noted in the minutes
of the meetings of such board.