West Virginia § 31A-8B-3 Application for a deposit facility; definition

West Virginia Statutes

§ 31A-8B-3 — Application for a deposit facility; definition

West Virginia·Ch. 31A BANKS AND BANKING·Art. 8B COMMUNITY REINVESTMENT ACT

The term "application for a deposit facility" means an application to the commissioner or board for:

(a)A charter for a state bank;

(b)The relocation of the principal office or a branch of a state bank;

(c)The establishment of a branch bank in an unbanked area requiring approval under section twelve, article eight of this chapter;

(d)The merger or consolidation with, or the acquisition of the assets, or the assumption of the liabilities of a banking institution requiring approval under section seven, article seven of this chapter; or, the merger or consolidation with, or the acquisition of the assets, or the assumption of the liabilities of a banking institution requiring approval under section twelve, article eight of this chapter.

(e)The acquisition of shares in, or the assets

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The term "application for a deposit facility" means an application to the commissioner or board for:

(a) A charter for a state bank;

(b) The relocation of the principal office or a branch of a state bank;

(c) The establishment of a branch bank in an unbanked area requiring approval under section twelve, article eight of this chapter;

(d) The merger or consolidation with, or the acquisition of the assets, or the assumption of the liabilities of a banking institution requiring approval under section seven, article seven of this chapter; or, the merger or consolidation with, or the acquisition of the assets, or the assumption of the liabilities of a banking institution requiring approval under section twelve, article eight of this chapter.

(e) The acquisition of shares in, or the assets of, a state banking institution requiring approval under article eight-a of this chapter.

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