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<section article="gfi" article_name="Financial Institutions" number="3-701" title_number="3" title_name="Banking Institutions -- Commercial Banks" subtitle_number="7" subtitle_name="Consolidations, Mergers, and Transfers of Assets">
  <level label="a">
    <text>In this subtitle the following words have the meanings indicated.</text>
  </level>
  <level label="b">
    <text>“Bank” means a commercial bank, a national banking association, an other-state bank, or a federally chartered savings bank or savings and loan association.</text>
  </level>
  <level label="c">
    <text>“Constituent bank” means a party to a consolidation, merger, or transfer of assets.</text>
  </level>
  <level label="d">
    <text>“Successor” means the bank that carries on the business of the constituent banks after a consolidation, merger, or transfer of assets.</text>
  </level>
  <level label="e">
    <text>“Transfer assets”, “transfer its assets”, or “transfer of assets” means to sell, lease, exchange, or otherwise transfer all or substantially all of the property and assets of a constituent bank.</text>
  </level>
</section>
