Regulatory Alerts2008-03-26 | ISGC-2008-003-DOBOpinion on Merger of State Trust Company into National Bank
The Washington State Department of Financial Institutions issued this opinion letter confirming that the Merging Entity is authorized to merge with and into the Surviving Entity under current state laws. The document addresses a request from the General Counsel regarding the merger of a Washington-chartered trust company into a national banking association. This authorization is contingent upon the merger receiving appropriate approvals from the Comptroller of the Currency.
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