North Carolina § 53-335 - Decision on charter application and hearing.
Full text of North Carolina North Carolina General Statutes § 53-335 — Decision on charter application and hearing., with citation guidance and answers to common questions.
§ 53-335. Decision on charter application and hearing.
The Commissioner, based on the application and investigation described in this Subpart, shall enter an order approving or denying approval of the application. If the Commissioner orders that the proposed State trust company may be formed, the Commissioner shall issue a State trust company charter and a certification to the Secretary of State permitting the establishment of the State trust company. The Commissioner may make approval of any application conditional and shall include any conditions in the order granting the charter. Any order entered by the Commissioner with respect to a charter application shall be subject to review by the Commission for entry of final agency decision. History (2001-263, s. 1; 2011-339, s. 11.) Effect of Amendments. - Session Laws 2011-339, s. 11, effective October 1, 2011, and applicable to all trusts created before, on, or after that date, substituted "establishment" for "incorporation" in the first sentence of subsection (b).
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 53-335
What does North Carolina General Statutes § 53-335 cover?
Section 53-335 ("Decision on charter application and hearing.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 53-335?
A common citation format is "North Carolina General Statutes § 53-335" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 53-335 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.