§ 6.1-194.130. Consolidation or merger
Two or more state savings banks may consolidate or merge, subject to the approval of the Commission, when the Commission finds that the capital of the resulting institution will be sufficient to warrant successful operation, and that the merger or consolidation will be in the public interest and in accordance with applicable laws and regulations. The order approving the consolidation or merger shall specify which office is to be the main office and which office or offices may be operated as branch offices.
(1991, c. 230.)
Sections: Previous 6.1-194.123:1 6.1-194.124 6.1-194.125 6.1-194.126 6.1-194.127 6.1-194.128 6.1-194.129 6.1-194.130 6.1-194.131 6.1-194.132 6.1-194.133 6.1-194.134 6.1-194.135 6.1-194.136 6.1-194.137 NextLast modified: April 2, 2009