PUBLISHED

N.C.G.S. § 53-224.19

Interstate merger transactions and branching permitted.

Effective date: 2026-08-08
Last verified: 2026-08-09
Source: official source
Revision history: view all versions

One or more North Carolina banks may enter into an interstate merger transaction with one or more out-of-state banks under this Article, and an out-of-state bank resulting from such an interstate merger transaction may maintain and operate the branches in North Carolina of a merged North Carolina bank provided that the conditions and filing requirements of this Article are met. (1995, c. 322, s. 2.)