General cessation of business during emergency; closing of banking institution

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    (a)    In this section, “emergency” includes an emergency that results from fire, flood, riot, robbery, weather, or other cause.

    (b)    If an emergency exists in a political subdivision, the Governor may proclaim a day for the general cessation of business in that political subdivision.

    (c)    If an emergency exists as to a banking institution, the Governor:

        (1)    may proclaim a day on which the banking institution may remain closed; and

        (2)    shall limit the proclamation to the principal banking office and branch offices of the banking institution that the emergency affects.


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