§ 13-9-201 — Examination; fee

(a) Each bank holding company owning or acquiring the
controlling interest of a bank is subject to the inspection of
the commissioner. The commissioner or a duly appointed examiner
shall visit the offices of the bank holding company whenever the
commissioner feels it is necessary or expedient and make a
complete and careful examination of the conditions and resources
of the bank holding company, the mode of managing its affairs
and conducting its business and the safety and prudence of its
management as it relates to the policies of the banks which it
controls.
(b) The commissioner shall collect from every bank holding
company subject to this section an amount equal to the total
cost of the examination and all actual and necessary expenses.
The fees and expenses collected shall be remitted to the state
treasurer as collected and credited to the financial
institutions administration account. Expenditures shall be made
from the account by warrants drawn by the state auditor, upon
vouchers issued and signed by the director or commissioner.
Funds from the account shall be expended only to carry out the
duties of the commissioner or the state banking board.