The Florida Senate

The provisions of ss. 655.41-655.419 relating to merger, consolidation, conversion, or acquisition of assets of any financial entity are cumulative with all other provisions of the financial institutions codes and do not modify, limit, or repeal any of such other provisions except as expressly stated herein. Additionally, the provisions of ss. 655.41-655.419 do not grant any authority, directly or indirectly, for any bank, association, trust company, association holding company, or bank holding company, the operations of which are principally conducted outside this state, to acquire, convert to, or merge or consolidate with any financial entity.