(a) The Bank Commissioner may revoke a state bank's or subsidiary trust company's authority to transact business and may proceed to wind up its business whenever any officer of the state bank or subsidiary trust company: (1) Refuses to submit the books, papers, and effects thereof to the inspection of the commissioner or examiners; (2) In any manner obstructs or interferes with the commissioner, or examiner, in the discharge of his or her duties; or (3) Refuses to be examined on oath touching the affairs of the financial institution. (b) The commissioner may issue a cease and desist order whenever an officer of any financial institution acts in any manner described in subsections (a)(1)-(3) of this section. Acts 1997, No. 89, § 1. (a) The Bank Commissioner may revoke a state bank's or subsidiary trust company's authority to transact business and may proceed to wind up its business whenever any officer of the state bank or subsidiary trust company: (1) Refuses to submit the books, papers, and effects thereof to the inspection of the commissioner or examiners; (2) In any manner obstructs or interferes with the commissioner, or examiner, in the discharge of his or her duties; or (3) Refuses to be examined on oath touching the affairs of the financial institution. (b) The commissioner may issue a cease and desist order whenever an officer of any financial institution acts in any manner described in subsections (a)(1)-(3) of this section. Acts 1997, No. 89, § 1. (a) The Bank Commissioner may revoke a state bank's or subsidiary trust company's authority to transact business and may proceed to wind up its business whenever any officer of the state bank or subsidiary trust company: (1) Refuses to submit the books, papers, and effects thereof to the inspection of the commissioner or examiners; (2) In any manner obstructs or interferes with the commissioner, or examiner, in the discharge of his or her duties; or (3) Refuses to be examined on oath touching the affairs of the financial institution. (b) The commissioner may issue a cease and desist order whenever an officer of any financial institution acts in any manner described in subsections (a)(1)-(3) of this section. Acts 1997, No. 89, § 1. (a) The Bank Commissioner may revoke a state bank's or subsidiary trust company's authority to transact business and may proceed to wind up its business whenever any officer of the state bank or subsidiary trust company: (1) Refuses to submit the books, papers, and effects thereof to the inspection of the commissioner or examiners; (2) In any manner obstructs or interferes with the commissioner, or examiner, in the discharge of his or her duties; or (3) Refuses to be examined on oath touching the affairs of the financial institution. (1) Refuses to submit the books, papers, and effects thereof to the inspection of the commissioner or examiners; (2) In any manner obstructs or interferes with the commissioner, or examiner, in the discharge of his or her duties; or (3) Refuses to be examined on oath touching the affairs of the financial institution. (b) The commissioner may issue a cease and desist order whenever an officer of any financial institution acts in any manner described in subsections (a)(1)-(3) of this section. Acts 1997, No. 89, § 1.
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