North Carolina General Statutes § 53C-7-201 Combination authority

With the approval of the Commissioner, a bank may combine with one or more depository institutions or non-depository institutions, provided that the bank is the surviving entity in any combination with a non-depository institution. The application for approval shall be in the form required by the Commissioner and shall be accompanied by a fee as set forth by rule.  (2012-56, s. 4.)

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Last modified: March 23, 2014