TITLE 32. FINANCIAL INSTITUTIONS

CHAPTER 11. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS

Part 2. Licensure Procedures -- Board of Directors

Notice Of Officer And Director Changes

32-11-216. Notice of officer and director changes. Within 30 days after each of the following events, the licensee shall notify the department in writing of the event and provide any additional information that the department requires:

(1) the death, resignation, or removal of a director or officer;

(2) the election of a director; or

(3) the appointment of an officer.

History: En. Sec. 14, Ch. 411, L. 2007.