Current through Pa Acts 2024-53, 2024-56 through 2024-111
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), (c) [Deleted by 2012 Amendment.]Amended by P.L. 1336 2012 No. 170, § 31, eff. 12/23/2012.1965, Nov. 30, P.L. 847, No. 356, § 904. Amended 1970, July 23, P.L. 597, No. 199, § 4; 1978, Oct. 5, P.L. 1131, No. 265, § 1, imd. effective; 1982, March 4, P.L. 135, No. 44, § 4, imd. effective; 1982, April 8, P.L. 262, No. 79, § 12, imd. effective; 1986, Dec. 18, P.L. 1702, No. 205, § 5, effective in 60 days; 1995, July 6, P.L. 271, No. 39, § 9, imd. effective.