Section 395:27 By Commissioner.
Whenever it appears to the commissioner advisable, or upon the petition of the trustees or directors of the institution, he may, with the approval of a justice of the superior court, reduce pro rata the deposit account of each depositor therein, whenever the value of its assets is less than the total amount of its deposits.
Source. 1911, 68:16. PL 268:26. RL 316:27.