Section 10

Act 11 of 1906 (Sp. Sess. 1), § 10, under STATE DEPOSITS REGULATED.

Act 11 of 1906 (Sp. Sess. 1), § 10

Section 10. The Revenue Commissioners and the Banking Commissioner or a majority of them, in case they are of the opinion that the credit of any of said depositories is impaired, the safety of the State deposits imperiled, or for any other cause whatsoever, shall have power and authority to require the State Treasurer to reduce, change, or wholly withdraw, within thirty days, any deposit or deposits held by any such depository or depositories.