GroundRules
N.C. Gen. Stat. § 53-224.19: Interstate merger transactions and branching permitted.
Where this section sits in the code
- Chapter 53. Regulation of Financial Services.
- Article 17B. Interstate Branch Banking.
- Part 3. Interstate Bank Mergers.
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.)
Collected 2026-08-27T18:05:12Z. Source file · JSON