45-14-110 - Conversion to savings bank Compliance with requirements of chapter.
45-14-110. Conversion to savings bank Compliance with requirements of chapter.
A depository institution that converts to a savings bank pursuant to this chapter shall have a period of time that the commissioner determines to be reasonable and prudent to conform to the requirements of this chapter and the regulations issued under this chapter, but the period shall not exceed ten (10) years from the date of conversion.
[Acts 1991, ch. 177, § 11; 1996, ch. 768, § 34.]