Laws of North Carolina (Last Updated: May 12, 2015)

§54C-37. Merger of mutual and stock savings banks

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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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