Book value of assets.

Verbatim from the official edition

Text — 2026 Florida Statutes

Upon the effective date of a merger, consolidation, conversion, or acquisition pursuant to ss. 655.41-655.419, an asset may not be carried on the books of the resulting financial entity at a valuation higher than that at which it was carried on the books of a participating or converting financial institution at the time of its last examination by a state or federal examiner before such effective date without written approval from the office.

Notes and commentary — not statutory text

History

s. 4, ch. 82-214; s. 1, ch. 85-65; s. 1, ch. 91-307; ss. 1, 35, ch. 92-303; s. 1727, ch. 2003-261; s. 9, ch. 2011-194.

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 a8fc06e286a519bc901dde491fecdf9ba03142c81cca19031971125c718b3f75
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This section cites

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The Florida Statutes

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