Current through Register Vol. XLI, No. 50, December 13, 2024
Section 106-2-3 - Safety and Soundness3.1. Investigation-- The Commissioner of Banking, in his or her discretion, may undertake an investigation if he or she believes that any sale or proposed sale of an insurance product might impair the safety and soundness of the bank. The Commissioner may deny, modify or prohibit the sale of an insurance product, if he or she finds the activity contrary to the safety and soundness of the bank.