North Carolina

Article 2.

Article 3.

Article 4.

Article 5.

Article 6.

Article 7.

Article 8.

Article 9.

Article 10.

Chapter 54C.

§ 54C-2. Purpose.

§ 54C-3. Applicability of Chapter.

§ 54C-4. Definitions and application of terms.

§ 54C-5. Reserved for future codification purposes.

§ 54C-7. Application of Chapter on business corporations.

§ 54C-8. Scope and prohibitions; existing charters; injunctions.

§ 54C-9. Application to organize a savings bank.

§ 54C-10. Certificate of incorporation.

§ 54C-11. Commissioner of Banks to consider application.

§ 54C-12. Criteria to be met before the Commissioner of Banks may recommend approval of an application.

§ 54C-13. Commission to review findings and recommendations of Commissioner of Banks.

§ 54C-14. Grounds for approval or denial of application.

§ 54C-15. Final decision.

§ 54C-16. Appeal.

§ 54C-17. Insurance of accounts required.

§ 54C-18. Repealed by Session Laws 1999-179, s.

§ 54C-19. Time allowed to commence business.

§ 54C-20. Licensing.

§ 54C-21. Amendments to certificate of incorporation.

§ 54C-22. List of stockholders to be maintained.

§ 54C-23. Branch offices.

§ 54C-24. Request to change location of a branch or principal office.

§ 54C-25. Approval revoked; branch office.

§ 54C-26. Branch offices closed.

§ 54C-27. Loan production office.

§ 54C-28. Reserved for future codification purposes.

§ 54C-29. Reserved for future codification purposes.

§ 54C-31. Conversion from State to federal charter.

§ 54C-32. Simultaneous charter and ownership conversion.

§ 54C-33. Conversion of mutual to stock savings bank.

§ 54C-34. Conversion of stock savings bank to mutual savings bank.

§ 54C-35. Merger of like savings banks.

§ 54C-36. Simultaneous conversion/merger.

§ 54C-37. Merger of mutual and stock savings banks.

§ 54C-38. Simultaneous merger and conversion.

§ 54C-39. Merger of federal charters with State savings banks.

§ 54C-40. Merger of savings banks with banks and associations.

§ 54C-41. Voluntary dissolution by directors.

§ 54C-42. Voluntary dissolution by stockholders or members.

§ 54C-43. Reports of voluntary dissolution.

§ 54C-44. Stock dividends.

§ 54C-45. Supervisory mergers, consolidations, conversions, and combination mergers and conversions.

§ 54C-46. Interim savings banks.

§ 54C-47. Conversion to bank.

§§ 54C-48 through 54C-51.

§ 54C-53. Power of Commissioner of Banks to adopt rules and definitions; reproduction of records.

§ 54C-54. Examinations by Commissioner of Banks; report.

§ 54C-55. Supervision and examination fees authorized; use of funds collected under Chapter.

§ 54C-56. Prolonged audit, examination, or revaluation; payment of costs.

§ 54C-57. Commissioner of Banks to have right of access to books and records of the savings bank; right to issue subpoenas, administer oaths, examine witnesses.

§ 54C-58. Test appraisals of collateral for loans; expense paid.

§ 54C-59. Relationship of savings banks with the Savings Institutions Division.

§ 54C-60. Confidential information.

§ 54C-60.1. Confidential records.

§ 54C-61. Annual license fees.

§ 54C-62. Statement filed by savings bank; fees and examination.

§ 54C-63. Repealed by Session Laws 2019-173, s.

§ 54C-64. Prohibited practices.

§§ 54C-65 through 54C-75.

§ 54C-77. Civil penalties; State savings banks.

§ 54C-78. Civil penalties; directors, officers, and employees.

§ 54C-79. Criminal penalties.

§ 54C-80. Primary jurisdiction.

§ 54C-81. Supervisory control.

§ 54C-82. Removal of directors, officers, and employees.

§ 54C-83. Involuntary liquidation.

§ 54C-84. Judicial review.

§ 54C-85. Indemnity.

§ 54C-86. Cumulative penalties.

§ 54C-87. Emergency limitations.

§§ 54C-88 through 54C-99.

§ 54C-101. Directors.

§ 54C-102. Bylaws.

§ 54C-103. Duties and liabilities of officers and directors to their associations.

§ 54C-104. Conflicts of interest.

§ 54C-105. Voting rights.

§ 54C-106. Annual meetings notice required.

§ 54C-107. Special meetings; notice required.

§ 54C-108. Quorum.

§ 54C-109. Bonding.

§§ 54C-110 through 54C-120.

§ 54C-122. Lending procedures.

§ 54C-123. Prohibited security.

§ 54C-124. Loans conditioned on certain transactions prohibited.

§ 54C-125. Loan expenses and fees.

§ 54C-126. Methods of loan repayment.

§ 54C-127. Insider loans.

§ 54C-128. Rulemaking power of Commissioner of Banks.

§ 54C-129. Nonconforming loans and investments.

§ 54C-130. Limitation on loans to one borrower.

§ 54C-131. Investment in banking premises.

§ 54C-132. United States obligations.

§ 54C-133. North Carolina obligations.

§ 54C-134. Federal Home Loan Bank obligations.

§ 54C-135. Deposits in depository institutions.

§ 54C-136. Federal government-sponsored enterprise obligations.

§ 54C-137. Municipal and county obligations.

§ 54C-138. Stock in education agency.

§ 54C-139. Industrial development corporation stock.

§ 54C-140. Urban renewal investment corporation stock.

§ 54C-141. Limitations on investment in stocks and securities.

§ 54C-142. Suspension of investment and loan limitation.

§ 54C-143. Commercial lending.

§ 54C-144. Service corporations.

§ 54C-145. Parity in loans or investments.

§ 54C-146. Certain powers granted to State savings banks.

§§ 54C-147 through 54C-160.

§ 54C-162. Liquidity.

§ 54C-163. Net worth requirement.

§ 54C-164. Deposit accounts.

§ 54C-165. Joint accounts.

§ 54C-166: Repealed by Session Laws 2011-236, s.

§ 54C-166.1. Payable on Death (POD) accounts.

§ 54C-167. Personal agency accounts.

§ 54C-168. Collection of processing fee for returned checks.

§ 54C-169. Right of setoff on deposit accounts.

§ 54C-170. Minors as deposit account holders.

§ 54C-171. Deposit accounts as deposit of securities.

§ 54C-172. New account books.

§ 54C-173. Transfer of deposit accounts.

§ 54C-174. Authority of power of attorney.

§ 54C-175. Days and hours of operation.

§ 54C-176. Power to borrow money.

§ 54C-177. Authority to join federal reserve bank.

§ 54C-178. Regional reciprocal acquisitions.

§ 54C-179. Forced retirement of deposit accounts.

§ 54C-180. Savings promotion raffles.

§ 54C-196. Supervision of holding companies.

§ 54C-197. Reserved for future codification purposes.

§ 54C-198. Reserved for future codification purposes.

§ 54C-200. Definitions.

§ 54C-201. Establishment of branches by out-of-state savings banks.

§ 54C-202. Application requirements.

§ 54C-203. Conditions for approval.

§ 54C-204. Special conditions.

§ 54C-205. Powers.

§ 54C-206. Establishment of out-of-state branches by State savings banks.

§ 54C-207. Regulatory and supervisory oversight.

§ 54C-208. Enforcement.

§ 54C-209. Branch closings.

§ 54C-210. Rules.

§ 54C-211. Appeal of Commissioner of Banks' decision.

§ 54C-212. Severability.