9-1720. Change of control; approval of commissioner required.
9-1720
9-1720. Change of control; approval of commissioner required.It shall be unlawful for a person, acting directly or indirectlyor through concert with one or more persons, to acquire control of any bankthrough purchase, assignment, pledge or other disposition of voting sharesof such bank, except with the approval of the commissioner or as otherwiseallowed by this act.
History: L. 1984, ch. 47, § 2; Jan. 1, 1985.