§ 1806. Articles of dissolution
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and BankingEffective: December 24, 2012
Effective: December 24, 2012
7 P.S. § 1806
§ 1806. Articles of dissolution
(a) Contents--When all the liabilities of the institution have been discharged and all of its remaining assets have been distributed to its shareholders pursuant to section 1805,1 articles of dissolution shall be signed by two duly authorized officers of the institution and shall contain:
(b) Action by Department of Banking--The articles of dissolution shall be delivered to the department together with any applicable filing fee. If the Department of Banking finds that the articles satisfy the requirements of this act, it shall deliver them with its written approval to the Department of State.
Credits
1965, Nov. 30, P.L. 847, No. 356, § 1806. Amended 2012, Oct. 24, P.L. 1336, No. 170, § 54, effective in 60 days [Dec. 24, 2012].
Footnotes
7 P.S. § 1805.
7 P.S. § 1806, PA ST 7 P.S. § 1806
Current through the end of the 2023 Regular Session. Some statute sections may be more current, see credits for details.
End of Document |