§54C-201. Establishment of branches by out-of-state savings banks

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Any out-of-state savings bank that meets the requirements of this Article may establish a branch within North Carolina either by (i) de novo entry; (ii) the purchase of an existing branch; (iii) the purchase of all or substantially all of the assets of a State savings bank located in North Carolina; or (iv) merger or consolidation.

(1993, c. 191, s. 3.)

                    
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