If an application has been submitted by such out-of-state financial institution holding company to, and prior written approval has been obtained from the director, pursuant to section 26-2606 , Idaho Code, an out-of-state financial institution holding company may: (a) Acquire control of; (b) Acquire all or substantially all of the assets of; (c) Merge or consolidate with; or (d) Assume the deposit liabilities of an Idaho financial institution.
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