53C-7-206. Combination with federally chartered institution.
A combination by a bank with a federally chartered institution in which the federally chartered institution will be the surviving party shall be subject to approval by the chartering authority of the federally chartered institution in accordance with the laws of the United States. (2012-56, s. 4.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 53C - Regulation of Banks
Article 7 - Control Transactions; Combinations; Conversions.
§ 53C-7-101 - Control transactions.
§ 53C-7-102 - Application regarding a control transaction.
§ 53C-7-104 - Actions on control transaction applications.
§ 53C-7-201 - Combination authority.
§ 53C-7-202 - Combination application and investigation.
§ 53C-7-203 - Decision on application.
§ 53C-7-206 - Combination with federally chartered institution.
§ 53C-7-207 - Combination with a nonbank subsidiary.