Chapter 02 - Division Of Banking
- Section 51A-2-1 - Establishment of Division of Banking.
- Section 51A-2-2 - Department and commission as division within Department of Revenue andRegulation--Direction and supervision by department--Independent functionsretained by division.
- Section 51A-2-3 - Director of division--Vacancy--Qualifications.
- Section 51A-2-4 - Director of division--Appointment and removal.
- Section 51A-2-5 - Deputy director--Appointment--Powers and duties.
- Section 51A-2-6 - Staff employees--Compensation--Dismissal--Background investigation.
- Section 51A-2-7 - Appointment of State Banking Commission--Director as executive officer--Qualifications of members.
- Section 51A-2-8 - Terms of appointive members of commission--Vacancies--Removal for cause.
- Section 51A-2-9 - Chairman and secretary of commission--Per diem and expenses of members.
- Section 51A-2-10 - Meetings of commission.
- Section 51A-2-11 - Quorum--Replacement of nonparticipating member.
- Section 51A-2-12 - Clerical, technical, and legal assistance for commission.
- Section 51A-2-13 - Rules promulgated by commission.
- Section 51A-2-14 - Rules granting additional authority to banks to promote competitive equality.
- Section 51A-2-14.1 - State chartered banks granted powers allowed federally chartered banks.
- Section 51A-2-14.2 - Restrictions on federally chartered banks apply to state chartered banks.
- Section 51A-2-15 - Considerations of commission in making rules and regulations.
- Section 51A-2-16 - Applications to organize or change control of bank, to merge, to open or close branchbanks, or to change location.
- Section 51A-2-17 - Forms of advertising.
- Section 51A-2-18 - Examination of banks by director--Substitution for examination requirements.
- Section 51A-2-19 - Subpoena power--Witness fees and mileage.
- Section 51A-2-20 - Examination by director upon application by board--Fees and expenses.
- Section 51A-2-21 - Order to prohibit stockholders' action pending judicial determination.
- Section 51A-2-22 - Removal of director, officer, or employee of bank--Grounds for order by director.
- Section 51A-2-23 - Review of removal order by commission.
- Section 51A-2-24 - Accounting practices--Valuation of assets--Required practices to protect loans.
- Section 51A-2-25 - Temporary order of director against unsound practice.
- Section 51A-2-26 - Permanent order of commission against unsound practice.
- Section 51A-2-27 - Injunctive relief.
- Section 51A-2-28 - Seal of director.
- Section 51A-2-29 - Record of fees--Disposition of money collected.
- Section 51A-2-30 - Banking special revenue fund created--Disbursements.
- Section 51A-2-31 - Copies of official records and papers in office of division--Evidentiary value--Fee forcertified copy.
- Section 51A-2-32 - Oaths and bonds of commissioners, director, deputy director, examiners and specialexaminers, and other division personnel.
- Section 51A-2-33 - Secrecy oath of commissioners, director and division officers and employees--Exceptions to secrecy requirements.
- Section 51A-2-34 - Interest in bank by division officers or employees prohibited--Relinquishment ofinterest by director or deputy for term of office.
- Section 51A-2-35 - Records of division open to public inspection--Exceptions--Court order.
- Section 51A-2-36 - Examination and supervision fees.
- Section 51A-2-37 - Examinations of parent corporations by director--Penalty for refusal to allowexamination.
- Section 51A-2-38 - Acquisition of shares of bank--Out-of-state bank holding company--Defined--Approval by banking commission--Corporation other than bank holding company.
- Section 51A-2-39 - Certain acquisitions exempted.
- Section 51A-2-40 - Insurance business restricted.
- Section 51A-2-41 - Approval of commission required--Factors considered--Conditions--Fee.
- Section 51A-2-42 - State court jurisdiction--Director as agent for service of process.