23 CAR § 320-304
23 CAR § 320-304. Publication requirements — Applications before the State Banking Board
Length: 128 wordsOfficial source
(a) Sponsors of the following applications must publish notice of the proposed application once a week for three (3) consecutive weeks in a newspaper of statewide circulation.
(b) The first publication shall be within ten (10) calendar days prior to the application’s filing date.
(c) Publications must provide for a fifteen-day comment period beginning with the actual filing of the application.
(d) These applications are:
(1) New state bank charters;
(2) Merger or consolidation applications between one (1) or more banks, or saving and loan associations into a state bank;
(3) Purchase or assumption application (over fifty percent (50%) of the assets or liabilities) of another depository institution; and
(4) Change of a state bank’s main banking office from one (1) municipality to another (simple or complex application).