Promptly after a merger becomes effective:
(a) The surviving depository corporation shall:
- (1) Surrender to the regulator of the disappearing depository corporation for cancellation the certificates of authority or licenses issued to the disappearing depository corporation by the regulator; and
- (2) File with the regulator of the disappearing depository corporation such report regarding the merger as the regulator may require.
- (b) The commissioner shall file a report regarding the merger with the Secretary of State.