54B-267. Establishment of branches by out-of-state associations.
Any out-of-state association that meets the requirements of this Article may establish a branch within North Carolina either by (i) de novo entry; (ii) the purchase of an existing branch; (iii) the purchase of all or substantially all of the assets of a State association located in North Carolina; or (iv) merger or consolidation. (1993, c. 191, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 54B - Savings and Loan Associations
Article 14 - Savings and Loan Interstate Branches.
§ 54B-267 - Establishment of branches by out-of-state associations.
§ 54B-268 - Application requirements.
§ 54B-269 - Conditions for approval.
§ 54B-270 - Special conditions.
§ 54B-272 - Establishment of out-of-state branches by state associations.
§ 54B-273 - Regulatory and supervisory oversight.