Legislation
SECTION 512
Communications from department of financial services must be submitted to directors and noted in minutes
Banking (BNK) CHAPTER 2, ARTICLE 12
§ 512. Communications from department of financial services must be
submitted to directors and noted in minutes. Every official
communication as defined in article two of this chapter directed to an
investment company or to any officer thereof shall be submitted, by the
officer receiving it, to the board of directors at the next meeting of
such board, and duly noted in the minutes of the meetings of such board.
submitted to directors and noted in minutes. Every official
communication as defined in article two of this chapter directed to an
investment company or to any officer thereof shall be submitted, by the
officer receiving it, to the board of directors at the next meeting of
such board, and duly noted in the minutes of the meetings of such board.