North Carolina Administrative Code
Title 04 - COMMERCE
Chapter 16 - SAVINGS INSTITUTIONS
Subchapter H - SUPERVISORY ACTIONS
Section 16H .0104 - ADOPTION OF PLAN

Universal Citation: 04 NC Admin Code 16H .0104
Current through Register Vol. 38, No. 18, March 15, 2024

The board of directors shall adopt a plan of conversion, merger, consolidation, combination merger and conversion, or any other action as authorized or required by the Commissioner of Banks. A plan of conversion, merger, consolidation, combination merger and conversion, or any other action adopted pursuant to this Rule shall be submitted to the Commissioner of Banks for approval.

Authority G.S. 54B-44; 54C-45;
Eff. December 1, 1981;
Amended Eff. November 1, 2017; November 1, 1985; October 1, 1982;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. November 22, 2018.

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