Fla. Stat. 658.41
Merger; resulting state or national bank


(1)

Upon filing of an application with the office by the constituent banks or trust companies, and upon approval by the office, banks and state trust companies may be merged with a resulting state bank or state trust company, as prescribed in this code, except that the action by a constituent national bank shall be taken in the manner prescribed by, and shall be subject to, any limitations or requirements imposed by any law of the United States applicable thereto, which shall also govern the rights of its dissenting shareholders; and the terms and provisions of the plan of merger and merger agreement required by s. 658.42, as they relate to a constituent national bank, shall conform with such federal laws. The application shall be accompanied by a plan of merger and merger agreement as provided in s. 658.42.

(2)

The laws of this state do not restrict the right of a state bank or state trust company to merge with a resulting national bank or out-of-state bank. In such case the action to be taken by a constituent state bank or state trust company, and its rights and liabilities and those of its shareholders, are the same as those prescribed for constituent national banks at the time of the action by the applicable federal law and not the law of this state.

Source: Section 658.41 — Merger; resulting state or national bank, https://www.­flsenate.­gov/Laws/Statutes/2024/0658.­41 (accessed Aug. 7, 2025).

658.12
Definitions
658.16
Creation of banking or trust corporation
658.19
Application for authority to organize a bank or trust company
658.20
Investigation by office
658.21
Approval of application
658.22
Coordination with federal agencies
658.23
Submission of articles of incorporation
658.24
Organizational procedures
658.25
Opening for business
658.26
Places of transacting business
658.27
Control of bank or trust company
658.28
Acquisition of control of a bank or trust company
658.30
Application of the Florida Business Corporation Act
658.32
Annual meetings
658.33
Directors, number, qualifications
658.34
Shares of capital stock
658.35
Share options
658.36
Changes in capital
658.37
Dividends and surplus
658.38
Deposit insurance
658.39
Stockholders
658.40
Definitions for merger and consolidation
658.41
Merger
658.42
Plan of merger and merger agreement
658.43
Approval by office
658.44
Approval by stockholders
658.45
Certificate of merger and effective date
658.48
Loans
658.51
Banks authorized to make commodity loans
658.53
Borrowing
658.60
Depositories of public moneys and pledge of assets
658.67
Investment powers and limitations
658.73
Fees and assessments
658.79
Taking possession of insolvent state banks or trust companies
658.80
Appointment of receiver or liquidator
658.81
Office action
658.82
Receiver
658.83
Liquidator
658.84
Transfers by banks and other acts in contemplation of insolvency
658.90
Receivers or liquidators under supervision of office
658.94
Prima facie evidence
658.95
Voluntary liquidation
658.96
Procedure in voluntary liquidation
658.165
Banker’s banks
658.235
Subscriptions for stock
658.285
Acquisition or ownership of state banks by international banking corporations
658.491
Commercial loans by financial institutions
658.995
Credit Card Bank Act
658.2953
Interstate branching

Current through Fall 2025

§ 658.41. Merger; resulting state or national bank's source at flsenate​.gov