17-5543. Same; approval by federal home loan bank board, when.
17-5543
17-5543. Same; approval by federal home loan bank board, when.
In the event any association involved in a proposed merger is a federal
savings and loan association the commissioner shall transmit to the federal
home loan bank board, Washington, D.C., a copy of the proposed merger
agreement and shall not approve the merger agreement unless and until he
has been advised, in writing by the federal home loan bank board that said
board has no objection thereto.
History: L. 1943, ch. 133, § 121; July 1.