Sec. 186.102. FILING RESOLUTIONS WITH BANKING COMMISSIONER. After resolutions to dissolve and liquidate a state trust company have been adopted by the board and shareholders or participants, a majority of the directors, managers, or managing participants shall verify and file with the banking commissioner certified copies of: (1) the resolutions of the shareholders or participants that: (A) are adopted at a meeting for which proper notice was given or by unanimous written consent; and (B) approve the dissolution and liquidation of the state trust company; (2) the resolutions of the board approving the dissolution and liquidation of the state trust company if the trust company is operated by a board of directors or managers; (3) the notice to the shareholders or participants informing them of the meeting described by Subdivision (1)(A); and (4) a plan of liquidation.
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