If a constituent bank has assets that do not conform to the requirements of state law for the resulting bank, or if a converting national bank has assets that do not conform to the requirements of a state law for the converted state bank, or if, in either case, there are business activities that are not permitted for the resulting or converted state bank, the banking board may permit a reasonable time to conform with state law.
Source: L. 2003: Entire article added with relocations, p. 1098, § 3, effective July 1.
Editor's note: This section is similar to former § 11-4-109 as it existed prior to 2003.