§ 53-400. Report to the Secretary of State.
§ 53‑400. Report to theSecretary of State.
The Commissioner shall, on orbefore the first day of each year, file with the Secretary of State a reportshowing any State trust companies under liquidation in this State and thenames of any auditors or attorneys employed in connection with the liquidationof these State trust companies, together with the amounts paid or contracted tobe paid to each of the auditors or attorneys. If any attorney has been employedon a fee contingent upon recovery, the report shall set forth the materialterms of the fee arrangements. (2001‑263, s. 1.)
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