North Carolina General Statutes 53-224.19. Interstate merger transactions and branching permitted
Current as of: 2024 | Check for updates
|
Other versions
One or more North Carolina banks may enter into an interstate merger transaction with one or more out-of-state banks under this Article, and an out-of-state bank resulting from such an interstate merger transaction may maintain and operate the branches in North Carolina of a merged North Carolina bank provided that the conditions and filing requirements of this Article are met. (1995, c. 322, s. 2.)