(a) Any out-of-state bank that will be the resulting bank pursuant to an interstate merger transaction involving a state bank shall notify the Bank Commissioner of the proposed merger not later than the date on which it files an application for an interstate merger transaction with the responsible federal bank supervisory agency and shall submit a copy of that application to the commissioner and pay the filing fee, if any, required by the commissioner.
(b) Any state bank which is a party to the interstate merger transaction shall comply with § 23-48-501 et seq. and with all other applicable state and federal laws.
(c) Any out-of-state bank which shall be the resulting bank in such an interstate merger transaction shall comply with applicable requirements of § 23-48-1001 et seq.
Section: Previous 23-48-903 23-48-905 23-48-906 23-48-907 23-48-908 23-48-909 23-48-910 23-48-911 NextLast modified: November 15, 2016