West Virginia § 31A-8E-1 Legislative purpose

West Virginia Statutes

§ 31A-8E-1 — Legislative purpose

West Virginia § 31A-8E-1

Ch. 31ABANKS AND BANKING

Art. 8EINTERSTATE BRANCHING BY DE NOVO ENTRY AND ACQUISITION OF BRANCHES

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Bluebook

W. Va. Code § 31A-8E-1 (2026).

Text

It is the express intent of this article to permit interstate branching under Sections 102 and 103 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, Public Law No. 103-328, in accordance with the provisions set forth in this article and thereby permit interstate branch banking through de novo entry or by acquisition of branches in transactions not involving a whole bank merger or acquisition.

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It is the express intent of this article to permit interstate branching under Sections 102 and 103 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, Public Law No. 103-328, in accordance with the provisions set forth in this article and thereby permit interstate branch banking through de novo entry or by acquisition of branches in transactions not involving a whole bank merger or acquisition.