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    • Legislation USA
    • North Carolina General Statutes
    • Chapter 54C - Savings Banks
    • Article 3 - Corporate Changes.
    • § 54C-38 - Simultaneous merger and conversion.

    North Carolina General Statutes
    Article 3 - Corporate Changes.
    § 54C-38 - Simultaneous merger and conversion.

    54C-38. Simultaneous merger and conversion.
    Any combination of associations and State savings banks may merge to form either an association or a State savings bank. (1991, c. 680, s. 1.)

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    Structure North Carolina General Statutes

    North Carolina General Statutes

    Chapter 54C - Savings Banks

    Article 3 - Corporate Changes.

    § 54C-30 - Conversion to savings bank.

    § 54C-31 - Conversion from State to federal charter.

    § 54C-32 - Simultaneous charter and ownership conversion.

    § 54C-33 - Conversion of mutual to stock savings bank.

    § 54C-34 - Conversion of stock savings bank to mutual savings bank.

    § 54C-35 - Merger of like savings banks.

    § 54C-36 - Simultaneous conversion/merger.

    § 54C-37 - Merger of mutual and stock savings banks.

    § 54C-38 - Simultaneous merger and conversion.

    § 54C-39 - Merger of federal charters with State savings banks.

    § 54C-40 - Merger of savings banks with banks and associations.

    § 54C-41 - Voluntary dissolution by directors.

    § 54C-42 - Voluntary dissolution by stockholders or members.

    § 54C-43 - Reports of voluntary dissolution.

    § 54C-44 - Stock dividends.

    § 54C-45 - Supervisory mergers, consolidations, conversions, and combination mergers and conversions.

    § 54C-46 - Interim savings banks.

    § 54C-47 - Conversion to bank.

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