Pennsylvania Statutes Title 7 P.S. Banks and Banking § 6020-52. Change of location of office

(a) Deleted by 1982, April 9, P.L. 334, No. 94, § 5, imd. effective.

(b) An association with the prior written approval of the department and any necessary amendment to its articles may change its principal place of business to a location anywhere in Pennsylvania.

(c) An association may with the prior written approval of the department change the place of business of a branch to a new location in the same manner and subject to the same requirements and limitations as are prescribed by this act for the establishment of branches.

(d) An association may with the prior written approval of the department designate a branch office as its main office and the original main office may thereafter be conducted as a branch office.

(e) An association which has changed the place of business of a branch shall discontinue operation of the branch at the previous location immediately upon commencing operation of the branch at the new location.

(f) In the event a place of business becomes unavailable an association with the prior written approval of the department may temporarily or permanently change its place of business to another place in close proximity thereto.