N.C. Gen. Stat. § 54B-39
Merger of federal with State associations
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
(1) Any two or more associations, when one or more is a State association and one or more is a federal association operating in North Carolina, may merge to form one association under either a State or federal charter.
(1) Any two or more associations, when one or more is a State association and one or more is a federal association operating in North Carolina, may merge to form one association under either a State or federal charter.
(2) The Commissioner of Banks shall promulgate rules and regulations to facilitate the merger of federal and State associations.
(2) The Commissioner of Banks shall promulgate rules and regulations to facilitate the merger of federal and State associations.
History
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.