| http://www.w3.org/ns/prov#value | - Section 3(d) of the BHC Act allows the Board to approve an application by a bank holding company to acquire control of a bank located in a state other than the home state of the bank holding company if certain conditions are met.4 For purposes of the BHC Act, the home state of Chittenden is Vermont, and Vermont Financial's subsidiary banks are located in Vermont, Massachusetts, and New Hampshire.5
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