(1) An individual or bank holding company that controls two (2) or more banks in
the state may, from time to time, transfer all the branches in a county of one (1)
of the commonly controlled banks to any other of the commonly controlled banks in
this state, and the bank to which the branches are transferred may thereafter operate
the branches as branches of the bank.
(2) As used in this section, the terms “bank,” “bank holding company,” “controls,” and “individual” have the same meaning attributed to them in KRS 286.3-915(3).
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