Applications

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When any of the following applications are filed with the Bank Commissioner, the sponsors of the applications shall give notice of filing in accordance with State Bank Department rules:

  1. (1) An application for the issuance of a new state bank charter;

  2. (2) An application for the merger or consolidation of one (1) or more banks into a state bank;

  3. (3) An application for the merger or consolidation of one (1) or more savings and loan associations into a state bank;

  4. (4) An application for the purchase by one (1) state bank of greater than fifty percent (50%) of the assets of another depository institution or an application for the assumption by one (1) state bank of greater than fifty percent (50%) of the liabilities of another depository institution; or

  5. (5) An application for the change of a state bank's place of business from one municipality to another.


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