US Lawyer Database

667.005 – Reorganization, Merger, or Consolidation With a Foreign Savings Bank.

667.005 Reorganization, merger, or consolidation with a foreign savings bank.— (1) A savings bank shall have the power to reorganize, merge, or consolidate with a foreign savings bank, as defined in s. 667.013, subject to the approval of the office. (2) If the resulting or surviving savings bank is to be a foreign savings bank, the office shall […]

667.006 – Conversion of State or Federal Mutual Savings Bank or State or Federal Mutual Association to Capital Stock Savings Bank.

667.006 Conversion of state or federal mutual savings bank or state or federal mutual association to capital stock savings bank.— (1) CONVERSION INTO CAPITAL STOCK SAVINGS BANK.—Any state or federal mutual savings bank or state or federal mutual association may apply to the office for permission to convert itself into a capital stock savings bank operated under […]

667.007 – Supervisory Case; Emergency Conversion, Reorganization, Merger; Consolidation; Acquisition of Assets.

667.007 Supervisory case; emergency conversion, reorganization, merger; consolidation; acquisition of assets.— (1) The office may determine that a state or federal savings bank is a supervisory case if it finds that: (a) The savings bank is insolvent; or (b) The savings bank is imminently insolvent. Any such finding by the office shall be based upon reports furnished to it […]