12 U.S. Code § 2279f–1 - Merger of similar associations
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(a) In general
Associations may voluntarily merge with other like associations if the plan of merger is approved by—
(3) a majority vote of the stockholders of each association voting, in person or by proxy, at a duly authorized stockholders’ meeting; and
The provisions of subsections (b) and (c) ofsection 2279c–1 of this title shall apply to associations merged under this section.
Source(Pub. L. 92–181, title VII, § 7.13, as added Pub. L. 100–233, title IV, § 416,Jan. 6, 1988, 101 Stat. 1653; amended Pub. L. 100–399, title IV, § 408(s), (t),Aug. 17, 1988, 102 Stat. 1003.)
1988—Subsec. (a)(4). Pub. L. 100–399, § 408(s), substituted “the Farm Credit Banks involved” for “the Farm Credit Bank”.
Subsec. (b). Pub. L. 100–399, § 408(t), substituted “subsections (b) and (c)” for “subsections (b), (c), and (d)”.
Effective Date of 1988 Amendment
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