§ 655.412, Fla. Stat. · Chapter 655. FINANCIAL INSTITUTIONS GENERALLY
Merger and consolidation.
Text — 2026 Florida Statutes
(1) With the approval of the office, any capital stock financial institution may be merged into or consolidated with another capital stock financial institution or a mutual financial institution. The provisions of ss. 658.41-658.45 govern any merger or consolidation pursuant to this subsection; and, for this purpose, references therein to banks and trust companies are deemed to refer to capital stock financial institutions.
(2) A mutual financial institution may not be merged into a capital stock financial institution until it has first converted into a capital stock financial institution in accordance with s. 665.033(1) and (2). For this purpose, references in s. 665.033(1) and (2) to associations are deemed to refer also to credit unions; but, in the case of a credit union, the provision therein concerning proxy statements does not apply.
(3) An application to merge or consolidate pursuant to this section must be accompanied by a filing fee in accordance with s. 658.73.
Notes and commentary — not statutory text
History
s. 4, ch. 82-214; s. 1, ch. 85-65; s. 1, ch. 91-307; ss. 1, 33, ch. 92-303; s. 1725, ch. 2003-261.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0655/0655.html
- Text hash
- sha256 3da8f834e025d832f05ee6ac94baa787bc49a17f47502dec076f3daec5ea3efc
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
The Florida Statutes
- § 658.41, Fla. Stat.Merger; resulting state or national bank.Printed as ss. 658.41-658.45
- § 658.45, Fla. Stat.Certificate of merger and effective date; effect on charters and powers.Printed as ss. 658.41-658.45
- § 658.73, Fla. Stat.Fees and assessments.Printed as s. 658.73
- § 665.033, Fla. Stat.Conversion of state or federal mutual association to capital stock association.Printed as s. 665.033(1)
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.