§412:11-102 Examination of financial institution holding company. The commissioner may from time to time conduct such reasonable examinations of any financial institution holding company as may be necessary or appropriate to determine whether the condition or activities of the company are jeopardizing the safety or soundness of the operations of its financial institution subsidiary. The commissioner shall not conduct such examinations of holding companies unless the commissioner has good cause to believe that a holding company is experiencing financial adversity which will have a material negative impact on the safety and soundness of its financial institution subsidiary. The cost of such examinations shall be assessed against and paid by the financial institution holding company in the same manner as financial institutions under section 412:2-105. [L 1993, c 350, pt of §1]

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