{"data":{"id":"us-fl/fla.-stat.-655.412","jurisdiction":"us-fl","citation":"Fla. Stat. § 655.412","heading":"Merger and consolidation.","body":"(1) With the approval of the office, any capital stock financial institution may be merged into or consolidated with another capital stock financial institution or a mutual financial institution. The provisions of ss. 658.41-658.45 govern any merger or consolidation pursuant to this subsection; and, for this purpose, references therein to banks and trust companies are deemed to refer to capital stock financial institutions.\n(2) A mutual financial institution may not be merged into a capital stock financial institution until it has first converted into a capital stock financial institution in accordance with s. 665.033(1) and (2). For this purpose, references in s. 665.033(1) and (2) to associations are deemed to refer also to credit unions; but, in the case of a credit union, the provision therein concerning proxy statements does not apply.\n(3) An application to merge or consolidate pursuant to this section must be accompanied by a filing fee in accordance with s. 658.73.\nHistory.—s. 4, ch. 82-214; s. 1, ch. 85-65; s. 1, ch. 91-307; ss. 1, 33, ch. 92-303; s. 1725, ch. 2003-261.","path":["TITLE XXXVIII BANKS AND BANKING","CHAPTER 655 FINANCIAL INSTITUTIONS GENERALLY"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0655/0655.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:11:21Z","sha256":"4a7aac74d20c55f6f717c444654b2fa654a7e02a0f8ee12bd2677dd6550aff00","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-655.411","next":"us-fl/fla.-stat.-655.414"},"notice":"GroundRules: Original legal text. Not legal advice."}
