53-224.28. Notice of subsequent merger or other change in control.
An out-of-state bank that maintains a branch in this State established pursuant to this Article shall give 30 days' prior written notice to the Commissioner of any merger, consolidation, or other transaction that would cause a change of control with respect to such out-of-state bank or any bank holding company that controls such bank, with the result that an application would be required to be filed pursuant to the federal Change in Bank Control Act of 1978, as amended, 12 U.S.C. 1817(j) or the federal Bank Holding Company Act of 1956, as amended, 12 U.S.C. 1841 et seq., or any successor statutes thereto. (1995, c. 322, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 53 - Regulation of Financial Services
Article 17B - Interstate Branch Banking.
§ 53-224.11 - Interstate branching by North Carolina State banks.
§ 53-224.12 - Interstate branching by de novo entry.
§ 53-224.13 - Interstate branching through the acquisition of a branch.
§ 53-224.14 - Requirement of notice and other conditions.
§ 53-224.15 - Conditions for approval.
§ 53-224.18 - Authority of State banks to establish interstate branches by merger.
§ 53-224.19 - Interstate merger transactions and branching permitted.
§ 53-224.20 - Notice and filing requirements.
§ 53-224.21 - Conditions for interstate merger prior to June 1, 1997.
§ 53-224.23 - Applicability of supervisory authority.
§ 53-224.24 - Examinations; periodic reports; cooperative agreements; assessment of fees.
§ 53-224.27 - Additional branches.
§ 53-224.28 - Notice of subsequent merger or other change in control.
§ 53-224.29 - Branch closings.