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N.C. Gen. Stat. § 53C-7-201

Combination authority

North Carolina · North Carolina General Statutes Chapter 53C — Chapter 53C. · Status: effective

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N.C. Gen. Stat. § 53C-7-201, Combination authority, North Carolina, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1313751
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Combination authority. With the approval of the Commissioner, a bank may combine with one or more depository institutions or non-depository institutions, provided that the bank is the surviving entity in any combination with a non-depository institution. The application for approval shall be in the form required by the Commissioner and shall be accompanied by a fee as set forth by rule. (2012-56, s. 4.)