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§ 904. Authorization of new branches

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and BankingEffective: December 24, 2012

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 7 P.S. Banks and Banking (Refs & Annos)
Banking Code of 1965 (Refs & Annos)
Chapter 9. Offices (Refs & Annos)
Effective: December 24, 2012
7 P.S. § 904
§ 904. Authorization of new branches
(a) General rule--An institution may establish and maintain:
(i) branches maintained on the date of these amendments;
(ii) branches acquired from a predecessor in a merger, consolidation or conversion; and
(iii) branches established with the prior written approval of the department after the filing of an application for approval in a form prescribed by the department accompanied by any applicable fee and after investigation by the department, except that department approval shall not be required for national banks or Federal savings associations.
(b), (c) Deleted by 2012, Oct. 24, P.L. 1336, No. 170, § 31, effective in 60 days [Dec. 24, 2012].

Credits

1965, Nov. 30, P.L. 847, No. 356, § 904. Amended 1970, July 23, P.L. 597, No. 199, § 4; 1978, Oct. 5, P.L. 1131, No. 265, § 1, imd. effective; 1982, March 4, P.L. 135, No. 44, § 4, imd. effective; 1982, April 8, P.L. 262, No. 79, § 12, imd. effective; 1986, Dec. 18, P.L. 1702, No. 205, § 5, effective in 60 days; 1995, July 6, P.L. 271, No. 39, § 9, imd. effective; 2012, Oct. 24, P.L. 1336, No. 170, § 31, effective in 60 days [Dec. 24, 2012].
7 P.S. § 904, PA ST 7 P.S. § 904
Current through 2022 Regular Session Act 114. Some statute sections may be more current, see credits for details.
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