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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) General rule--An institution may establish and maintain:
(i) branches maintained on the date of these amendments;
(ii) branches acquired from a predecessor in a merger, consolidation or conversion; and
(iii) branches established with the prior written approval of the department after the filing of an application for approval in a form prescribed by the department accompanied by any applicable fee and after investigation by the department, except that department approval shall not be required for national banks or Federal savings associations.
(b), (c) Deleted by 2012, Oct. 24, P.L. 1336, No. 170, § 31, effective in 60 days [Dec. 24, 2012].
Cite this article: FindLaw.com - Pennsylvania Statutes Title 7 P.S. Banks and Banking § 904. Authorization of new branches - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-7-ps-banks-and-banking/pa-st-sect-7-904/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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