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3.3 De Novo Branching for Converted Savings Associations

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3.3.      De Novo Branching for Converted Savings Associations. Notwithstanding any provisions of Federal or state law, any savings association that converts to a bank may continue to operate existing branches or agencies. The association also may establish or acquire additional branches or agencies in states where the association previously operated, provided that banks chartered in that state are permitted to do so. [§341]