§ 54B-267. Establishment of branches by out-of-state associations.
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§ 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.)