Section 23-48-512 - Provisions when resulting state bank not to exercise trust powers

When a resulting state bank is not to exercise trust powers, the Bank Commissioner shall not approve a merger or conversion until satisfied that adequate provision has been made for successors to fiduciary positions held by the merging banks or the converting bank.Acts 1997, No. 89, § 1; 1997, No. 408, § 15.

When a resulting state bank is not to exercise trust powers, the Bank Commissioner shall not approve a merger or conversion until satisfied that adequate provision has been made for successors to fiduciary positions held by the merging banks or the converting bank.Acts 1997, No. 89, § 1; 1997, No. 408, § 15.