Closure of Bank. In the event that there are no available credits in the bank, as determined by the secretary, and required measures have been taken by the Commonwealth government with respect to enhancement actions, long term management and preservation of the protected areas, the secretary is authorized to close the bank. Provided, however, that such closure shall not affect any existing, permits. Source: PL 10-84, § 3 (606).
Closure of Bank
2 CMC § 3607, under Mitigation Bank.
2 CMC § 3607