(1) Such merger, share exchange, or consolidation is permitted by the laws of the United States and such laws are complied with;
(2) The laws governing the merger, share exchange, or consolidation of such corporation are complied with;
(3) The resulting institution of the merger or consolidation, or the acquired bank in a share exchange, is a national bank;
(4) The resulting institution of the merger or consolidation, or the acquired bank in a share exchange, holds only assets and liabilities and engages only in activities which may be held or engaged in by a national bank located in this state; and
(5) The merger, share exchange, or consolidation is not otherwise unlawful.
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