These Interstate Banking Laws Allowed an Out-Of-State Bank to Acquire

question 144

Multiple Choice

These interstate banking laws allowed an out-of-state bank to acquire an in-state target bank even if the acquirer's home state did not give banks from the target's state similar acquisition powers.

• A)Nationwide laws.
• B)Nationwide reciprocal arrangements.
• C)Regional reciprocal arrangements.
• D)Federal banking mandates.
• E)None of the options.

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Definitions:

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Charles I

King of England, Scotland, and Ireland from 1625 until his execution in 1649, whose reign was marked by religious and political strife leading to the English Civil War.

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