19 Pa. Code § 13.14 - Governmental approvals
The following governmental approvals are required as a condition precedent to effecting the related filing in the Department (see § 11.11(a)(9) (relating to requirements to be met by filed documents)):
(1)
Banking Code of 1965.
Under sections 1005, 1504, 1603, 1703, 1802, 1804 and 1806 of the Banking Code
of 1965 (7 P. S. §§
1005,
1504,
1603,
1703,
1802,
1804 and
1806), articles of
incorporation, amendment, merger or consolidation, conversion from Federal
charter or dissolution or a certificate of election to dissolve are filed
initially with the Department of Banking and not the Department of State. Under
section 1709 of the Banking Code of 1965 (7 P. S. §
1709), the documents evidencing a conversion
into a National bank are filed directly in the Department of State at the same
time they are filed with the Department of Banking.
(2)
Credit Union Code. Under
sections 304, 903, 1102, 1105(b) and 1301 of the Credit Union Law, articles of
incorporation, amendment, conversion from Federal charter, merger or
consolidation or certificate of election to dissolve voluntarily, are filed
initially with the Department of Banking and not the Department of State. Under
section 1101 of the Credit Union Law (relating to conversion into Federal
credit union), the charter of a Federal credit union resulting from a
conversion is filed directly in the Department of State.
(3)
Fraternal Benefit Society
Code. Under sections 202, 214, 215, 219 and 604 of the Fraternal
Benefit Society Code (40 P. S. §§
1141-202,
1141-214,
1141-215,
1141-219 and
1141-604), a document
relating to the incorporation, merger or consolidation, amendment of articles
of incorporation, conversion into a mutual life insurance company or
dissolution are filed initially with the Insurance Department and not the
Department of State.
(4)
Savings Association Code . Under sections 206, 1003, 1106,
1201, 1203 and 1205 of the Savings Association Code of 1967 (7 P. S.
§§
6020-26,
6020-173,
6020-186,
6020-201,
6020-203 and
6020-205), articles of
incorporation, amendment, merger or consolidation, conversion from Federal
charter or domestic savings bank or dissolution or a certificate of election to
dissolve are filed initially with the Department of Banking and not the
Department of State. Under section 1104 of the Banking Code (7 P. S. §
1104), the documents evidencing a merger or
conversion into a Federal savings and loan association are filed directly in
the Department of State at the same time they are filed with the Department of
Banking.
Notes
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