54C-201. Establishment of branches by out-of-state savings banks.
Any out-of-state savings bank 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 savings bank located in North Carolina; or (iv) merger or consolidation. (1993, c. 191, s. 3.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 10 - Savings Bank Interstate Branches.
§ 54C-201 - Establishment of branches by out-of-state savings banks.
§ 54C-202 - Application requirements.
§ 54C-203 - Conditions for approval.
§ 54C-204 - Special conditions.
§ 54C-206 - Establishment of out-of-state branches by State savings banks.
§ 54C-207 - Regulatory and supervisory oversight.