Florida Statutes 655.416 – Book value of assets
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Upon the effective date of a merger, consolidation, conversion, or acquisition pursuant to ss. 655.41–655.419, an asset may not be carried on the books of the resulting financial entity at a valuation higher than that at which it was carried on the books of a participating or converting financial institution at the time of its last examination by a state or federal examiner before such effective date without written approval from the office.