Sec. 185.106. DUTIES OF STATE TRUST COMPANY UNDER SUPERVISION. During a period of supervision, a state trust company, without the prior approval of the banking commissioner or the supervisor or as otherwise permitted or restricted by the order of supervision, may not: (1) dispose of, sell, transfer, convey, or encumber the state trust company's assets; (2) lend or invest the state trust company's funds; (3) incur a debt, obligation, or liability; (4) pay a dividend to the state trust company's shareholders or participants; (5) solicit or accept any new client accounts; (6) remove an executive officer or director, change the number of executive officers or directors, or have any other change in the position of executive officer or director; or (7) engage in any other activity determined by the banking commissioner to threaten the safety and soundness of the state trust company.
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