§53-161. Examination in connection with license as to solvency

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The Commissioner of Banks may, at the expense of the trust institution, make or cause to be made an examination of any trust institution, other than a federally chartered trust institution, that applies for or is licensed by the Commissioner of Banks. The Commissioner of Banks may refuse to issue a license to a trust institution that it finds to be in a hazardous condition.

(1945, c. 743, s. 1; 2001-263, s. 3; 2011-339, s. 7.)

                    
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