CHAPTER 6. BANK STRUCTURE
PART I. BRANCHING
§501. Branch offices within the state; capital required; authority
A. All banks domiciled in this state having a capital of one hundred thousand dollars or more may open one or more branch offices within the state or may acquire one or more banks or any or all branches thereof, or both.
B. No branch office shall be opened without a certificate of authority from the commissioner.
Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 1986, No. 458, §2; Acts 1988, No. 39, §1, eff. June 10, 1988.
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