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North Carolina · Through S.L. 2026-30

N.C. Gen. Stat. § 53C-7-204: Interim banks.

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Where this section sits in the code
  1. Chapter 53C. Regulation of Banks.
  2. Article 7. Control Transactions; Combinations; Conversions.
  3. Part 2. Combinations.

The Commissioner may approve an application to organize an interim bank solely for the purpose of effecting a combination under this Article. No interim bank shall transact any business except as is incidental and necessary to its organization and the combination. The Commissioner may set forth in the order approving the organization such additional conditions with respect to the interim bank as the Commissioner deems necessary. (2012-56, s. 4.)

Collected 2026-08-27T18:05:27Z. Source file · JSON

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