Section 19-2-12 - Relocation of branchesAny financial institution or credit union may relocate a branch upon sixty (60) days prior written notice to the director, or the director's designee, provided that the relocated branch is:
(1) To be located within the same city or town as the existing branch; or(2) To be located within a ten (10) mile radius of the existing branch; and(3) The existing branch will be closed upon construction and/or occupancy of the relocated branch.Amended by 2022 Pub. Laws, ch. 339,§ 1, eff. 6/29/2022.Amended by 2022 Pub. Laws, ch. 338,§ 1, eff. 6/29/2022. P.L. 1995, ch. 82, § 39; P.L. 1997, ch. 98, § 2; P.L. 2011, ch. 347, § 1; P.L. 2011, ch. 387, § 1.