Section 214.625. Merger; stockholder vote of approval.

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If approved by the division, the plan of merger shall be submitted to the stockholders of each merging stock financial institution for approval. A meeting of the stockholders of a savings bank shall be called and held in accordance with ss. 214.305 and 214.31 . The plan is approved if it receives the affirmative vote of the majority of the total votes entitled to be cast by stockholders.

1991 a. 221 ; 1995 a. 27 , 103 .

                    
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