Nonconforming assets of resulting state bank.

If a merger or conversion results in a state bank subject to the provisions of this chapter , and the resulting state bank has assets which do not conform with the provisions of this chapter , the superintendent may allow the resulting state bank a reasonable time to conform with state law. [C54, 58, 62, 66, §528B.11; C71, 73, 75, 77, 79, 81, §524.1420 ] 95 Acts, ch 148, §126