There is a newer version of the North Carolina General Statutes
2005 North Carolina Code - Chapter 54C — Savings Banks.
- § 54C-1. Title.
- § 54C-2. Purpose.
- § 54C-3. Applicability of Chapter.
- § 54C-4. Definitions and application of terms.
- § 54C-5. Reserved for future codification purposes.
- § 54C-6. Hearings.
- § 54C-7. Application of Chapter on business corporations.
- § 54C-8. Scope and prohibitions; existing charters; injunctions.
- § 54C-9. Application to organize a savings bank.
- § 54C-10. Certificate of incorporation.
- § 54C-11. Commissioner of Banks to consider application.
- § 54C-12. Criteria to be met before the Commissioner of Banks may recommend approval of an application.
- § 54C-13. Commission to review findings and recommendations of Commissioner of Banks.
- § 54C-14. Grounds for approval or denial of application.
- § 54C-15. Final decision.
- § 54C-16. Appeal.
- § 54C-17. Insurance of accounts required.
- § 54C-18. Repealed by Session Laws 1999-179, s. 2.
- § 54C-19. Time allowed to commence business.
- § 54C-20. Licensing.
- § 54C-21. Amendments to certificate of incorporation.
- § 54C-22. List of stockholders to be maintained.
- § 54C-23. Branch offices.
- § 54C-24. Request to change location of a branch or principal office.
- § 54C-25. Approval revoked; branch office.
- § 54C-26. Branch offices closed.
- § 54C-27. Loan production office.
- § 54C-28. Reserved for future codification purposes.
- § 54C-29. Reserved for future codification purposes.
- § 54C-30. Conversion to savings bank.
- § 54C-31. Conversion from State to federal charter.
- § 54C-32. Simultaneous charter and ownership conversion.
- § 54C-33. Conversion of mutual to stock savings bank.
- § 54C-34. Conversion of stock savings bank to mutual savings bank.
- § 54C-35. Merger of like savings banks.
- § 54C-36. Simultaneous conversion/merger.
- § 54C-37. Merger of mutual and stock savings banks.
- § 54C-38. Simultaneous merger and conversion.
- § 54C-39. Merger of federal charters with State savings banks.
- § 54C-40. Merger of savings banks with banks and associations.
- § 54C-41. Voluntary dissolution by directors.
- § 54C-42. Voluntary dissolution by stockholders or members.
- § 54C-43. Reports of voluntary dissolution.
- § 54C-44. Stock dividends.
- § 54C-45. Supervisory mergers, consolidations, conversions, and combination mergers and conversions.
- § 54C-46. Interim savings banks.
- § 54C-47. Conversion to bank.
- §§ 54C-48 through 54C-51. Reserved for future codification purposes.
- § 54C-52. Supervision.
- § 54C-53. Power of Commissioner of Banks to adopt rules and definitions; reproduction of records.
- § 54C-54. Examinations by Commissioner of Banks; report.
- § 54C-55. Supervision and examination fees authorized; use of funds collected under Chapter.
- § 54C-56. Prolonged audit, examination, or revaluation; payment of costs.
- § 54C-57. Commissioner of Banks to have right of access to books and records of the savings bank; right to issue subpoenas, administer oaths, examine witnesses.
- § 54C-58. Test appraisals of collateral for loans; expense paid.
- § 54C-59. Relationship of savings banks with the Savings Institutions Division.
- § 54C-60. Confidential information.
- § 54C-60.1. Confidential records.
- § 54C-61. Annual license fees.
- § 54C-62. Statement filed by savings bank; fees.
- § 54C-63. Statement examined, approved, and published.
- § 54C-64. Prohibited practices.
- §§ 54C-65 through 54C-75. Reserved for future codification purposes.
- § 54C-76. Cease and desist orders.
- § 54C-77. Civil penalties; State savings banks.
- § 54C-78. Civil penalties; directors, officers, and employees.
- § 54C-79. Criminal penalties.
- § 54C-80. Primary jurisdiction.
- § 54C-81. Supervisory control.
- § 54C-82. Removal of directors, officers, and employees.
- § 54C-83. Involuntary liquidation.
- § 54C-84. Judicial review.
- § 54C-85. Indemnity.
- § 54C-86. Cumulative penalties.
- § 54C-87. Emergency limitations.
- §§ 54C-88 through 54C-99. Reserved for future codification purposes.
- § 54C-100. Membership of a mutual association.
- § 54C-101. Directors.
- § 54C-102. Bylaws.
- § 54C-103. Duties and liabilities of officers and directors to their associations.
- § 54C-104. Conflicts of interest.
- § 54C-105. Voting rights.
- § 54C-106. Annual meetings notice required.
- § 54C-107. Special meetings; notice required.
- § 54C-108. Quorum.
- § 54C-109. Bonding.
- §§ 54C-110 through 54C-120. Reserved for future codification purposes.
- § 54C-121. Loans.
- § 54C-122. Lending procedures.
- § 54C-123. Prohibited security.
- § 54C-124. Loans conditioned on certain transactions prohibited.
- § 54C-125. Loan expenses and fees.
- § 54C-126. Methods of loan repayment.
- § 54C-127. Insider loans.
- § 54C-128. Rulemaking power of Commissioner of Banks.
- § 54C-129. Nonconforming loans and investments.
- § 54C-130. Limitation on loans to one borrower.
- § 54C-131. Investment in banking premises.
- § 54C-132. United States obligations.
- § 54C-133. North Carolina obligations.
- § 54C-134. Federal Home Loan Bank obligations.
- § 54C-135. Deposits in depository institutions.
- § 54C-136. Federal government-sponsored enterprise obligations.
- § 54C-137. Municipal and county obligations.
- § 54C-138. Stock in education agency.
- § 54C-139. Industrial development corporation stock.
- § 54C-140. Urban renewal investment corporation stock.
- § 54C-141. Limitations on investment in stocks and securities.
- § 54C-142. Suspension of investment and loan limitation.
- § 54C-143. Commercial lending.
- § 54C-144. Service corporations.
- § 54C-145. Parity in loans or investments.
- § 54C-146. Certain powers granted to State savings banks.
- §§ 54C-147 through 54C-160. Reserved for future codification purposes.
- § 54C-161. Generally accepted accounting principles.
- § 54C-162. Liquidity.
- § 54C-163. Net worth requirement.
- § 54C-164. Deposit accounts.
- § 54C-165. Joint accounts.
- § 54C-166. Payable on Death (POD) accounts.
- § 54C-167. Personal agency accounts.
- § 54C-168. Collection of processing fee for returned checks.
- § 54C-169. Right of setoff on deposit accounts.
- § 54C-170. Minors as deposit account holders.
- § 54C-171. Deposit accounts as deposit of securities.
- § 54C-172. New account books.
- § 54C-173. Transfer of deposit accounts.
- § 54C-174. Authority of power of attorney.
- § 54C-175. Days and hours of operation.
- § 54C-176. Power to borrow money.
- § 54C-177. Authority to join federal reserve bank.
- § 54C-178. Regional reciprocal acquisitions.
- § 54C-179. Forced retirement of deposit accounts.
- §§ 54C-180 through 54C-194. Reserved for future codification purposes.
- § 54C-195. Holding companies.
- § 54C-196. Supervision of holding companies.
- § 54C-197. Reserved for future codification purposes.
- § 54C-198. Reserved for future codification purposes.
- § 54C-199. Title.
- § 54C-200. Definitions.
- § 54C-201. Establishment of branches by out-of-state savings banks.
- § 54C-202. Application requirements.
- § 54C-203. Conditions for approval.
- § 54C-204. Special conditions.
- § 54C-205. Powers.
- § 54C-206. Establishment of out-of-state branches by State savings banks.
- § 54C-207. Regulatory and supervisory oversight.
- § 54C-208. Enforcement.
- § 54C-209. Branch closings.
- § 54C-210. Rules.
- § 54C-211. Appeal of Commissioner of Banks' decision.
- § 54C-212. Severability.
Disclaimer: These codes may not be the most recent version. North Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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