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  • SECTION 123
    Reports of directors' examinations
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  • ARTICLE 3
    Banks and Trust Companies
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  • SECTION 125
    Reports to superintendent; penalty for failure to make
    • This entry was published on 2014-09-22
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    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.