§ 54B-39 - Merger of federal with State associations.

NC Gen Stat § 54B-39 (2019) (N/A)
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54B-39. Merger of federal with State associations.

(a) Any two or more associations, when one or more is a State association and one or more is a federal association operating in North Carolina, may merge to form one association under either a State or federal charter.

(b) The Commissioner of Banks shall promulgate rules and regulations to facilitate the merger of federal and State associations.