§ 221-i. Notice of acquisition of control or merger. 1. A foreign
banking corporation licensed pursuant to this article to maintain a
representative office in this state shall file with the superintendent a
notice, in such form and containing such information as the
superintendent may prescribe, no later than fourteen calendar days after
such foreign banking corporation becomes aware of any acquisition of
control of such corporation or merges with another foreign banking
corporation.

2. Control, for purposes of this section, means any person or entity,
or group of persons or entities acting in concert, directly or
indirectly, owning, controlling, or holding with power to vote,
twenty-five percent or more of any class of voting stock of such foreign
banking corporation, or having the ability in any manner to elect a
majority of the directors of such foreign banking corporation, or
otherwise exercising a controlling influence over the management and
policies of such foreign banking corporation as defined by the
superintendent by regulation.