RS 6:391
If the conservator decides to liquidate a state bank, the conservator must file a motion to close the bank and start liquidation; the receiver must be confirmed by the receivership court, and the commissioner must appoint the FDIC receiver when deposits are FDIC-insured.
- Jurisdiction
- United States — Louisiana
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
- Official source
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financial regulation insolvency
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RS 6:391
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