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2021 North Carolina General Statutes
Chapter 54C - Savings Banks
Article 3 - Corporate Changes.
§ 54C-44 - Stock dividends.
Universal Citation: NC Gen Stat § 54C-44 (2021)
54C-44. Stock dividends.
No dividend on stock shall be paid unless the savings bank has the prior written approval of the Commissioner of Banks, except as provided in any rules that the Commissioner of Banks may adopt.
(1991, c. 680, s. 1; 2001-193, s. 16.)
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