No later than ninety days prior to the proposed date of any branch closing, the "notice of branch closing" required to be filed with the appropriate federal regulatory agency shall be filed with the banking board or the financial services board. The notice of branch closing shall include a detailed statement of the reasons for the decision to close the branch and statistical or other information in support of such reasons.
Source: L. 2003: Entire article added with relocations, p. 1133, § 3, effective July 1.
Editor's note: This section is similar to former § 11-25-107 as it existed prior to 2003.