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Current as of January 01, 2024 | Updated by Findlaw Staff
All acquisitions shall be approved in advance in writing by the director.
(1) A mutual or stock savings bank may acquire, as defined by section 26-2605, Idaho Code, a savings bank organized in the same form.
(2) A stock savings bank may acquire or be acquired by either a state or national bank with the state or national bank being the surviving bank.
(3) A mutual savings bank may acquire or be acquired by a credit union, with the mutual savings bank being the surviving entity.
(4) A stock savings bank may acquire or be acquired by a national or state bank with the national or state bank being the surviving entity.
Cite this article: FindLaw.com - Idaho Statutes Title 26. Banks and Banking § 26-1814. Acquisitions - last updated January 01, 2024 | https://codes.findlaw.com/id/title-26-banks-and-banking/id-st-sect-26-1814/
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