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FDIC Enforcement Decisions and Orders

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{{3-31-91 p.TC-61}}
   [15,212] Docket No. FDIC-87-168b (1-7-91)

In the Matter of

BOUNDARY WATERS STATE BANK
ELY, MINNESOTA
(Insured State Nonmember Bank—In
Receivership)
ORDER TERMINATING ORDER
TO CEASE AND DESIST

   IT IS HEREBY ORDERED, that the ORDER TO CEASE AND DESIST issued on September 25, 1987, against Boundary Waters State Bank, Ely, Minnesota, by the Federal Deposit Insurance Corporation, pursuant to section 8(b) of the Federal Deposit Insurance Act, 12 U.S.C. § 1818(b), be, and hereby is, terminated.
   Dated this 7th day of January, 1991.
   Pursuant to delegated authority.

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