Examples of Federal bank holding company act in a sentence
The purpose or purposes for which the corporation is organized is to engage in any activity within the purposes for which corporations may be organized under the Business Corporation Act of Michigan, as amended from time to time, and including without limitation the power to act as a bank holding company as permitted by the Federal Bank Holding Company Act of 1956, as amended, or hereafter supplemented or amended.
The principal purpose for which the corporation is organized is to engage in banking and non-banking activities of a bank holding company which is registered with the Board of Governors of the Federal Reserve System under the Federal Bank Holding Company Act of 1956, as amended.
To the extent these statutes, or any successor statute within the Washington Business Corporation Act or the Federal Bank Holding Company Act, as in effect from time to time, create rights of indemnification for officers and directors broader than contained in the balance of the Bylaws within this Article V, such additional or further indemnification is approved and made a part of this Bylaw.
The purpose of the Corporation is to engage in the business of a bank holding company as defined in the Federal Bank Holding Company Act of 1956, as amended, or any successor statute, to do all acts and engage in all activities now, or as hereafter may be, permitted to be done by such a company, and to engage in any business activity or exercise any power as permitted by law.
To carry on the business of a bank holding company, as defined in the Federal Bank Holding Company Act of 1956, as amended, and to do all acts and things now and hereinafter permitted to be done by such a company.
No notice to, filing with, authoriza- tion of, exemption by, or consent or approval of, any public body or authority is necessary for the consummation of the Merger by CFSB other than in connection or compliance with the provisions of the Michigan Act and DGCL, compliance with federal and state securities laws, and the consents, authorizations, approvals, or exemptions re- quired under the Federal Bank Holding Company Act, the HOLA, the FDIA, the Banking Code, and the Savings Bank Act.
CNB is a bank holding company registered under the Federal Bank Holding Company Act of 1956, as amended and City is a national banking association organized under the laws of the United States.
No notice to, filing with, authorization of, exemption by, or consent or approval of, any public body or authority is necessary for the consummation of the transactions contemplated by this Plan of Merger by O.A.K. other than in connection or compliance with the provisions of the MBCA, compliance with federal and state securities laws, and the consents, authorizations, approvals, or exemptions required under the Federal Bank Holding Company Act, the FDI Act, and the Michigan Banking Code.
Grand Premier does not have "Control" (as defined in Section 2(a)(2) of the Federal Bank Holding Company Act, using 5 percent rather than 25 percent), either directly or indirectly, of any corporation, general or limited partnership, limited liability company, trust or other person engaged in an active trade or business or that holds any significant assets other than as disclosed in the Grand Premier Disclosure Statement.
CFSB does not have "CONTROL" (as defined in Section 2(a)(2) of the Federal Bank Holding Company Act, using 5 percent rather than 25 percent), either directly or indirectly, of any corporation engaged in an active trade or business or that holds any significant assets other than as stated in or disclosed under this Section.