Section 1115.02 | Conversion of national or other institution into state stock bank.
Effective:
January 1, 2018
Latest Legislation:
House Bill 49 - 132nd General Assembly
A national bank, a bank doing business under authority granted by the bank regulatory authority of another state, a savings association, a savings bank, or a state or federally chartered credit union may, with the approval of the superintendent of financial institutions, convert into a stock state bank or mutual state bank by submitting an application in accordance with rules adopted by the superintendent for this purpose.
Available Versions of this Section
- January 1, 2018 – Enacted by House Bill 49 - 132nd General Assembly [ View January 1, 2018 Version ]