Section 904. Authorization of New Branches
(a) General rule--An institution may establish and maintain:
(i) branches maintained on the date of these amendments;
(ii) branches acquired from a predecessor in a merger, consolidation or conversion; and
(iii) branches established with the prior written approval of the department after the filing of an application for approval in a form prescribed by the department accompanied by any applicable fee and after investigation by the department, except that department approval shall not be required for national banks or Federal savings associations.
(b) Reciprocity condition--((b) deleted by amendment)
(c) Savings banks--((c) deleted by amendment)
(904 amended Oct. 24, 2012, P.L.1336, No.170)
Compiler's Note: See Act 39 of 1995 in the appendix to this act for special provisions relating to legislative purpose.