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Code · North Carolina · Chapter 54C — Savings Banks

§ 54C-138. Stock in education agency.

74 words·~1 min read·/nc/chapter-54c/54c-138

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§ 54C-138. Stock in education agency.
A savings bank may invest in stock or obligations of any corporation doing business in this State, or of any agency of this State or of the United States, where the principal business of the corporation or agency is to make loans for the financing of a college or university education, or education at an industrial education center, technical institute, or community college. (1991, c. 680, s. 1.)
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