UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 3, 2007
SALISBURY BANCORP, INC.
(Exact name of registrant as specified in charter)
Connecticut 000-24751 06-1514263
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
5 Bissell Street, Lakeville, Connecticut 06039-1868
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (860) 435-9801
N/A
(Former Name or Former Address, if Changed Since Last Report)
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Check the appropriate box below if the Form 8-K is intended to simultaneously
satisfy the filing obligations of the registrant under any of the following
provisions (see General Instructions A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act (12
C.F.R. 230.425)
|_| Soliciting material pursuant to Rule 14a-2 under the Exchange Act (17
C.F.R. 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 C.F.R. 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 C.F.R. 240.13e-4(c))
Form 8-K, Current Report
Salisbury Bancorp, Inc.
Item 5.03. Amendments to Articles of Incorporation or Bylaws: Change in
Fiscal Year.
Rule changes promulgated by the American Stock Exchange, LLC require
AMEX-listed companies to be eligible for a direct registration system ("DRS") by
January 1, 2008. DRS refers to a system by which shares may be held in book
entry form without a certificate. At a meeting held on December 3, 2007, the
Board of Directors of Salisbury Bancorp, Inc., (the "Company") adopted amended
Article VI of the Bylaws in order to ensure that the Company's securities are
DRS-eligible. As amended, Article VI of the Bylaws permits the Company to issue
certificated or uncertificated shares. Previously, the Company's Bylaws provided
for certificated shares only. The Company's amended Bylaws are filed herewith as
Exhibit 3.1, and are incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. The following exhibit is being filed herewith:
Exhibit No. Description:
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3.1 Amended Bylaws of Salisbury Bancorp, Inc.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereto duly authorized.
Dated: December 6, 2007 SALISBURY BANCORP, INC.
By: /s/ John F. Perotti
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John F. Perotti
Chairman and Chief Executive Officer