2014 North Carolina General Statutes
Chapter 53 - Regulation of Financial Services.
Article 24 - Trust Companies and Interstate Trust Business.
§ 53-410 - Commissioner to act under authority of the Commission.

NC Gen Stat § 53-410 (2014) What's This?

53-410. Commissioner to act under authority of the Commission.

All the powers, duties, and functions granted to or imposed upon the Commissioner by law shall be exercised under the direction and supervision of the Commission. Wherever provision is made in this Article authorizing and permitting the Commissioner to make rules, the words "the Commissioner" shall be construed to mean the Commission. (2001-263, s. 1.)


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