North Carolina Administrative Code
Title 04 - COMMERCE
Chapter 16 - SAVINGS INSTITUTIONS
Subchapter I - ACQUISITION OF CONTROL
Section .0800 - ACQUISITIONS
Section 16I .0801 - PRIOR WRITTEN APPROVAL REQUIRED

Universal Citation: 04 NC Admin Code 16I .0801
Current through Register Vol. 39, No. 12, December 1, 2024

A person or holding company shall not acquire control of any savings institution without having filed with the Commissioner of Banks an application and without the written approval of the Commissioner of Banks after consideration of the application and any amendments. The application shall contain identifying information for the applicant and the information set forth in the Interagency Notice of Change in Bank Control. The Interagency Notice of Change in Bank Control is hereby incorporated by reference, including subsequent amendments or editions, and may be found free of charge as follows: https://www.fdic.gov/formsdocuments/interag2.pdf.

Authority G.S. 54B-55; 54B-261; 54B-262; 54C-53; 54C-195; 54C-196;
Eff. July 1, 1983;
Amended Eff. July 1, 1990;
Temporary Amendment Eff. October 2, 1991 for a period of 180 days to expire on March 31, 1992;
Amended Eff. November 1, 2017; February 15, 1992;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. November 22, 2018.

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