GroundRules
11 GCA § 106312: Book Value of Assets.
Where this section sits in the code
- Title 11: Finance and Taxation
- Division 4 - Banks and Banking
- Chapter 106: Banks
- ARTICLE 3: MERGER, CONSOLIDATION AND CONVERSION OF NATIONAL AND TERRITORIAL BANKS AND TRUST COMPANIES
Without approval by the Commissioner, no asset shall be carried on the books of the resulting bank at a valuation higher than that on the books of a merging or converting territorial bank at the time of its last examination by a territorial or national bank examiner before the effective date of the merger or conversion.
Collected 2026-09-27T03:18:18Z. Source file · JSON