Corporate Bank Transactions: Mergers, Consolidations, Purchase of Assets and Conversions

  1. Law
  2. Massachusetts General Laws
  3. Administration of the Government
  4. Corporations
  5. Corporate Bank Transactions: Mergers, Consolidations, Purchase of Assets and Conversions

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Section
1

Definitions

Section
2

Merger or Consolidation of Mutual Banks or Thrift Institutions Into Single Mutual Bank or Thrift Institution

Section
3

Merger or Consolidation of Stock Banks, Federally-Chartered Banks, Out-of-State Banks and Limited Purpose Trust Companies Into Single Stock Bank, Federally-Chartered Bank or Out-of-State Bank

Section
4

Merger or Consolidation of Mutual Banks or Subsidiary Banking Institutions and Credit Unions or Federal Credit Unions Into Single Mutual Bank or Subsidiary Banking Institution

Section
5

Expedited Consolidation or Sale of Assets of Bank Certified as Unsafe to Transact Business

Section
6

Age and Concentration Limitations for Approval of Application for Merger or Consolidation

Section
7

Articles of Consolidation or Merger

Section
8

Advance, Loan Upon or Purchase of Whole or Part of Assets or Stock of Any Bank, etc., in Possession of Commissioner Pursuant to Secs. 22 to 36 of Chapter 167 or Assisted by or in Possession of Insurer

Section
9

Conversion of Mutual Bank to Stock Bank

Section
10

Conversion of Credit Union to Mutual Bank

Section
11

Consolidation, Merger or Conversion of Mutual Bank or Stock Bank Into Federally-Chartered Bank or Thrift Institution

Section
12

Conversion of Federally-Charted Bank or Thrift Institution Into Bank Chartered Pursuant to Chapter 168, 170 or 172

Section
13

Plan of Acquisition of Stock by Company Acquiring All the Capital Stock of Any Stock Bank

Section
14

Notice of Proposed Acquisition of Control of Stock Bank; Disapproval of Proposed Acquisition

Section
15

Dissolution and Liquidation of Bank

Section
16

Termination of Membership of Savings Bank in Depositors Insurance Fund Upon Merger or Consolidation Into Bank, Federally Chartered Bank or Out-of-State Bank or Upon Acceptance of Federal Charter; Effect of Acceptance of Federal Charter; Effect of Conversion of Federally-Chartered Bank Into Savings Bank

Section
17

Notice to Co-Operative Central Bank Upon Proposal to Merge or Consolidate Co-Operative Bank Into a Bank or Upon Conversion to Federal Charter; Effect of Acceptance of Federal Charter; Effect of Conversion of Federal Bank or Federal Thrift Into Co-Operative Bank

Section
18

Interim Banks