Section 26
SEC. 26. When Monetary Board authorized to demand and take possession of association.&mdashThe Monetary Board may demand and take possession of the property, business and assets of an association if any of the following occur (a) The association does not comply with the order given pursuant to Section twenty-five, within the time specified therein; (b) It appears to the Monetary Board that the association is in an unsafe condition or is conducting its business in an unsafe or injurious manner such as to render its further operations hazardous to the public or to any or all of its investors; (c) The Monetary Board finds that the association's assets are impaired to such an extent that, after deducting all liabilities other than to its investors, they do not equal or they exceed the sum of the value of its outstanding shares and investment certificates and the par value of its outstanding stock; (d) The association refuses to submit its books, papers, and accounts to the inspection of the Monetary Board or any of its examiners, deputies, or assistants; (e) Any officer of the association refuses to be examined upon oath concerning the affairs of the association.