§ 54C-201. Establishment of branches by out-of-state savings banks. - North Carolina Statutes

§54C‑201.  Establishment of branches by out‑of‑state savingsbanks.

Any out‑of‑statesavings bank that meets the requirements of this Article may establish a branchwithin North Carolina either by (i) de novo entry; (ii) the purchase of anexisting branch; (iii) the purchase of all or substantially all of the assetsof a State savings bank located in North Carolina; or (iv) merger orconsolidation. (1993, c. 191, s. 3.)