54C-46. Interim savings banks.
(a) Article 2 of this Chapter shall not apply to applications for permission to organize an interim State savings bank so long as the application is approved by the Commissioner of Banks.
(b) Preliminary approval of an application for permission to organize an interim State savings bank is conditional upon the Commissioner of Banks' approval of an application to merge the interim savings bank and an existing stock savings bank or on the Commissioner of Banks' approval of any other transaction. (1991, c. 680, s. 1; 2001-193, s. 16.)
Structure North Carolina General Statutes
North Carolina General Statutes
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.