North Carolina Statutes
§ 54C-37 — Merger of mutual and stock savings banks
Any two or more savings banks, when one or more is mutually owned and one or more is stock owned, may merge to form either a mutual or stock savings bank in separate conversion-merger proceedings or in simultaneous conversion-merger proceedings. (1991, c. 680, s. 1.)
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Nearby Sections
15
§ 54C-1
Title§ 54C-10
Certificate of incorporation§ 54C-100
Membership of a mutual association§ 54C-101
Directors§ 54C-102
Bylaws§ 54C-104
Conflicts of interest§ 54C-105
Voting rights§ 54C-106
Annual meetings notice required§ 54C-107
Special meetings; notice required§ 54C-108
Quorum§ 54C-109
Bonding§ 54C-12
Criteria to be met before the Commissioner of Banks may recommend approval of an application§ 54C-121
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