State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_53 > GS_53-224_20

§53‑224.20.  Notice and filing requirements.

Any out‑of‑statebank that will be the resulting bank pursuant to an interstate mergertransaction involving a North Carolina bank shall notify the Commissioner ofthe proposed merger not later than the date on which it files an applicationfor an interstate merger transaction with the responsible federal banksupervisory agency, and shall submit a copy of that application to theCommissioner and pay the filing fee required by the Commissioner. All bankswhich are parties to such interstate merger transaction involving a NorthCarolina State bank shall comply with G.S. 53‑12 and with otherapplicable state and federal laws. Any out‑of‑state bank whichshall be the resulting bank in such an interstate merger transaction shallcomply with Article 15 of Chapter 55 of the North Carolina General Statutes. (1995,c. 322, s. 2.)