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Code · North Carolina · Chapter 54B — Savings and Loan Associations

§ 54B-125. Emergency limitations.

53 words·~1 min read·/nc/chapter-54b/54b-125

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§ 54B-125. Emergency limitations.
The Commissioner of Banks, with the approval of the Governor, may impose a limitation upon the amounts withdrawable or payable from withdrawable accounts of State associations during any specifically defined period when such limitation is in the public interest and welfare. (1981, c. 282, s. 3; 2001-193, s. 16.)
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