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Current as of January 01, 2024 | Updated by Findlaw Staff
The term “application for a deposit facility” means an application to the commissioner or board for:
(a) A charter for a state bank;
(b) The relocation of the principal office or a branch of a state bank;
(c) The establishment of a branch bank in an unbanked area requiring approval under section twelve, article eight of this chapter;
(d) The merger or consolidation with, or the acquisition of the assets, or the assumption of the liabilities of a banking institution requiring approval under section seven, article seven of this chapter; or, the merger or consolidation with, or the acquisition of the assets, or the assumption of the liabilities of a banking institution requiring approval under section twelve, article eight of this chapter.
(e) The acquisition of shares in, or the assets of, a state banking institution requiring approval under article eight-a of this chapter.
Cite this article: FindLaw.com - West Virginia Code Chapter 31A. Banks and Banking § 31A-8B-3. Application for a deposit facility; definition - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-31a-banks-and-banking/wv-code-sect-31a-8b-3/
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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