2019 North Carolina General Statutes
Chapter 53 - Regulation of Financial Services
Article 17 - North Carolina Reciprocal Interstate Banking Act.
§ 53-214 - Applicable laws, rules and regulations.

Universal Citation: NC Gen Stat § 53-214 (2019)

53-214. Applicable laws, rules and regulations.

(a) Any North Carolina bank that is controlled by a bank holding company that is not a North Carolina bank holding company shall be subject to all laws of this State and all rules and regulations under such laws that are applicable to North Carolina banks that are controlled by North Carolina bank holding companies.

(b) The State Banking Commission shall adopt rules to implement and effectuate the provisions of this Article.

(1983 (Reg. Sess., 1984), c. 1113, s. 1; 1993, c. 175, s. 4; 1993 (Reg. Sess., 1994), c. 599, s. 2.)


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