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  • Article 1 Consolidation, Merger or Transfer of State Banks.
    • Section 5-7A-1 Banks may merge or consolidate; transfer of place of business.
    • Section 5-7A-2 Proceedings to effect consolidation, merger or transfer.
    • Section 5-7A-3 Certificate of proceedings to be forwarded to Superintendent of Banks.
    • Section 5-7A-4 Issuance of certificate of approval by superintendent.
    • Section 5-7A-5 Examinations; written consent of superintendent to consolidation.
    • Section 5-7A-6 Appeals; applicability of article to branch banks, etc.
  • Article 2 Conversion of National Banks Into State Banks.
    • Section 5-7A-20 Conversion of national bank, etc., into state bank — Procedure.
    • Section 5-7A-21 Conversion of national bank, etc., into state bank — Execution of articles of incorporation and organization certificate; powers of directors, etc.
    • Section 5-7A-22 Conversion of national bank, etc., into state bank — Powers and duties of bank, stockholders, officers, etc., upon issuance of certificate.
    • Section 5-7A-23 Declaration of incorporation.
    • Section 5-7A-24 Issuance of stock by state bank.
  • Article 3 Conversion of State Banks Into or Consolidation With National Banks.
  • Article 4 Conversion of Savings Institutions Into State Banks.
    • Section 5-7A-60 Purpose.
    • Section 5-7A-61 Definitions.
    • Section 5-7A-62 Application to convert charter; written plan of conversion; authorizing resolution; submission to superintendent; fee; tentative approval; vote of stockholders or members; directors; articles of incorporation and bylaws; statement of superintendent's objections; amendment; appeal of disapproval; application to FDIC; final approval and permit.
    • Section 5-7A-63 Resulting bank as continuation of savings institution.
    • Section 5-7A-64 Maintenance and operation of offices.
    • Section 5-7A-65 Expansion or branching limited.



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