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kthomp19

05/19/17 9:02 PM

#412916 RE: kthomp19 #412913

Oops, this section is the appropriate one, though (B)(iv) also applies.

‘(D) POWERS AS CONSERVATOR- The Agency may, as conservator, take such action as may be--

‘(i) necessary to put the regulated entity in a sound and solvent condition; and



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Mathan22

05/21/17 11:07 AM

#413038 RE: kthomp19 #412913

Companies in conservatorship should not be paying dividends. A company profitable enough to pay dividends should no longer be in conservatorship. It's really that simple.