{"data":{"id":"us-fl/fla.-stat.-658.40","jurisdiction":"us-fl","citation":"Fla. Stat. § 658.40","heading":"Definitions for merger and consolidation.","body":"As used in the provisions of this code relating to the merger and consolidation of banks and trust companies, unless the context requires otherwise:\n(1) “Constituent bank or trust company” means a bank or a state trust company which is a party to a merger.\n(2) “Merger” includes consolidation.\n(3) “Resulting bank or trust company” means the consolidated bank or state trust company which is, or is to be, carrying on business upon completion of a consolidation; and, in the case of a merger, means the bank or state trust company into which the other constituent banks or trust companies are, or are to be, merged.\n(4) “Successor institution” means a banking corporation or a trust company organized under the laws of this state to which the office has not issued a certificate of authorization, as provided in s. 658.25, to conduct a banking business or trust business, the sole purpose of the organization of which is to facilitate a plan of merger, reorganization, or consolidation.\nHistory.—s. 4, ch. 28016, 1953; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 30, 151, 152, ch. 80-260; ss. 2, 3, ch. 81-318; ss. 27, 51, ch. 84-216; s. 1, ch. 91-307; ss. 1, 124, ch. 92-303; s. 1785, ch. 2003-261.","path":["CHAPTER 658 BANKS AND TRUST COMPANIES"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0658/0658.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:11:25Z","sha256":"925a05db2dcbd63efef33c825e645315c68f6f908994e154208bdf5591d193a0","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-658.39","next":"us-fl/fla.-stat.-658.41"},"notice":"GroundRules: Original legal text. Not legal advice."}