TITLE XXXV
BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

CHAPTER 388
CONSOLIDATION OF BANKS

Consolidation by Decree of Court

Section 388:6

    388:6 Assent of Depositors. – Any depositor of the banks to be consolidated who, on or before the date fixed by the court, shall not withdraw the amount deposited to his credit, shall be deemed to have assented to the plan and shall be entitled to a deposit of a like amount without interruption of interest in the bank resulting from the consolidation.

Source. 1917, 54:6. PL 263:8. 1933, 27:5. RL 311:8. 1947, 123:4, eff. April 30, 1947.