WVC 31 A- 8 D- 10
§31A-8D-10. Notice of subsequent merger.
An out-of-state state bank that has established and maintains
a branch in this state pursuant to this article, shall give at
least forty-five days' prior written notice (or, in the case of an
emergency transaction, such shorter notice as is consistent with
applicable state or federal law) to the commissioner of any merger,
consolidation or other transaction that would cause a change of
control with respect to such bank or any bank holding company that
controls such bank, with the result that an application would be
required to be filed pursuant to the federal Change in Bank Control
Act of 1978, as amended, 12 U.S.C. §1817(j), or the federal Bank
Holding Company Act of 1956, as amended, 12 U.S.C. §§1841 et seq.,
or any successor statutes thereto. Notice under this section shall
not obviate the need the acquiring entity may have to file with the
commissioner or board pursuant to section five of this article, or
section three, article eight-a of this chapter.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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