May 22, 2026 Clouds

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Chapter 167I

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 Depositors Insurance Fund 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