§ 54C-201. Establishment of branches by out-of-state savings banks.
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§ 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.)