§ 54B-39. Merger of federal with State associations. - North Carolina Statutes

§ 54B‑39.  Merger offederal with State associations.

(a)        Any two or moreassociations, when one or more is a State association and one or more is afederal association operating in North Carolina, may merge to form oneassociation under either a State or federal charter.

(b)        The Commissioner ofBanks shall promulgate rules and regulations to facilitate the merger offederal and State associations. (1981, c. 282, s. 3; 1981 (Reg. Sess., 1982), c. 1238,s. 10; 2001‑193, s. 16.)