Section 13-4-111 - Effect of Merger or Conversion

13-4-111. Effect of merger or conversion. (a) A resulting bank shall be considered the same entity as each merging bank or as the converting bank with all the property, rights, powers, duties and obligations of each merging bank or the converting bank, except as provided by state law in the case of a resulting state bank or federal law in the case of a resulting national bank and by the charter and bylaws of the resulting bank. (b) A resulting bank may use the name of any merging bank or of the converting bank. (c) Any reference to a merging or converting bank in writing is a reference to the resulting bank if not inconsistent with the other provisions of the writing.