Rule-making by banking board and financial services board.

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(1) The banking board shall promulgate and adopt such rules as are necessary to accomplish the purposes of this part 6.

  1. The financial services board shall promulgate and adopt such rules as are necessaryto accomplish the purposes of this part 6.

  2. The banking board and the financial services board shall coordinate their rulemaking that implements the provisions of this part 6 so that the procedures and time periods are the same for each type of financial institution to give notice of a branch thereunder.

Source: L. 2003: Entire article added with relocations, p. 1133, § 3, effective July 1. L. 2004: (2) and (3) amended, p. 147, § 46, effective July 1.

Editor's note: This section is similar to former § 11-25-106 as it existed prior to 2003.


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