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2005 North Carolina Code - General Statutes § 54B-197. Effect of change in law or regulation.

§ 54B‑197.  Effect of change in law or regulation.

Any loan or investment made by a State association which was in compliance with the law or regulations in effect at the time such loan or investment was made will remain a legal loan or investment even though the power to make such loans or investments in the future is amended or revoked. (1981, c. 282, s. 3.)

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