BOOK VALUE OF ASSETS.

26-911. Book value of assets. Without approval by the director no asset shall be carried on the books of the resulting or purchasing bank at a valuation higher than that on the books of the merging or converting bank at the time of its last examination by a state or national bank examiner before the effective date of the merger or conversion. History: [26-911, added 1979, ch. 41, sec. 2, p. 102.]