North Carolina Code — 054
Browse 495 sections in division 054 of the North Carolina code. Each section page includes the full statutory text, official source links, and citation guidance.
Sections (showing up to 300)
- § 54-41. 1: Repealed by Session Laws 1981, c. 282, s. 1.
- § 54-45. Application of term.
- § 54-46. Incorporation and powers.
- § 54-47. Loans.
- § 54-48. Reserve associations.
- § 54-49. Land Conservation and Development Bureau; land mortgage associations.
- § 54-50. Number of incorporators; capital stock.
- § 54-51. Incorporation.
- § 54-52. Organization.
- § 54-53. Corporate powers.
- § 54-54. Restrictions.
- § 54-55. Mortgage forms; approval.
- § 54-56. Repayment of loan and interest.
- § 54-57. Terms of payment.
- § 54-58. Transfer of mortgaged lands.
- § 54-59. Calling in loans before due.
- § 54-60. Partial recall of debt.
- § 54-61. Foreclosure.
- § 54-62. Appraisal of lands.
- § 54-63. Preference prohibited; association borrowing money.
- § 54-64. Bond issues.
- § 54-65. Deed of trust.
- § 54-66. Collaterals deposited with State Treasurer.
- § 54-67. Redemption of bonds.
- § 54-68. Validity of bonds after maturity.
- § 54-69. Bonds as payment.
- § 54-70. Bonds as investments.
- § 54-71. Application of earnings; reserve fund.
- § 54-72. Restriction on holding real estate.
- § 54-73. Banking laws applicable.
- § 54-109. 1. Definition and purposes.
- § 54-109. 2. Organization procedure.
- § 54-109. 3. Form of articles and bylaws.
- § 54-109. 4. Amendments.
- § 54-109. 5. Use of name exclusive.
- § 54-109. 6. Office facilities.
- § 54-109. 7. Conducting business outside this State.
- § 54-109. 10. Creation and supervision of Division.
- § 54-109. 11. Duties of Administrator.
- § 54-109. 12. Corporations organized hereunder subject to Administrator of Credit Unions; rules and regulations.
- § 54-109. 13. Revocation of certificate; liquidation.
- § 54-109. 14. Fees.
- § 54-109. 15. Reports.
- § 54-109. 16. Examinations required; payment of cost.
- § 54-109. 17. Records.
- § 54-109. 18. Selection of attorneys to handle loan-closing proceedings.
- § 54-109. 19. Removal of officers.
- § 54-109. 21. General powers.
- § 54-109. 22. Incidental powers.
- § 54-109. 26. "Membership" defined.
- § 54-109. 27. Societies and other associations.
- § 54-109. 28. Other credit unions.
- § 54-109. 29. Members who leave field.
- § 54-109. 30. Liability of shareholders.
- § 54-109. 31. Meetings of members.
- § 54-109. 35. Election or appointment of officials.
- § 54-109. 36. Record of board and committee members.
- § 54-109. 37. Vacancies.
- § 54-109. 38. Compensation of officials.
- § 54-109. 39. Conflicts of interest.
- § 54-109. 40. Executive officers.
- § 54-109. 41. Authority of directors.
- § 54-109. 42. Executive committee.
- § 54-109. 43. Meetings of directors.
- § 54-109. 44. Duties of directors.
- § 54-109. 45. Authority of credit committee.
- § 54-109. 46. Meetings of credit committee.
- § 54-109. 47. Loan officers.
- § 54-109. 48. When credit committee dispensed with.
- § 54-109. 49. Duties of supervisory committee.
- § 54-109. 53. Shares.
- § 54-109. 54. Dividends.
- § 54-109. 55. Deposits.
- § 54-109. 56. Thrift accounts.
- § 54-109. 57: Repealed by Session Laws 2011-236, s. 4, effective October 1, 2011.
- § 54-109. 57A. Payable on Death (POD) accounts.
- § 54-109. 58. Joint accounts.
- § 54-109. 59. Liens.
- § 54-109. 60A. Minors.
- § 54-109. 60B. Accounts opened by adults for minors.
- § 54-109. 61. Reduction in shares.
- § 54-109. 62. Payment of balance of deceased person or person under disability to personal representative or guardian.
- § 54-109. 62A. Powers of attorney; notice of revocation; payment after notice.
- § 54-109. 63. Personal agency accounts.
- § 54-109. 64. Savings promotion raffles.
- § 54-109. 65. Purposes, terms and interest rate.
- § 54-109. 66. Application.
- § 54-109. 67. Loan limit.
- § 54-109. 68. Security.
- § 54-109. 69. Installments.
- § 54-109. 70. Line of credit.
- § 54-109. 71. Other loan programs.
- § 54-109. 75. Insurance for members.
- § 54-109. 76. Liability insurance for officers.
- § 54-109. 77. Group purchasing.
- § 54-109. 78. Share and deposit insurance.
- § 54-109. 82. Investment of funds.
- § 54-109. 86. Transfers to regular reserve.
- § 54-109. 87. Use of regular reserve.
- § 54-109. 88. "Risk assets" defined.
- § 54-109. 92. Suspension and conservation.
- § 54-109. 93. Liquidation.
- § 54-109. 94. Merger.
- § 54-109. 95. Conversion of charter.
- § 54-109. 99. Restriction of taxation.
- § 54-109. 105. What information deemed confidential; disclosure; certain information deemed public; exchange of information.
- § 54-109. 106. Foreign Credit Unions.
- § 54-110. 1. Definition and purposes.
- § 54-110. 2. Membership.
- § 54-110. 3. Charter and name exclusive.
- § 54-110. 4. Organization.
- § 54-110. 5. Powers and privileges.
- § 54-110. 6. Participation in central system.
- § 54-110. 7. Right of set-off; security interest.
- § 54-110. 8. Fees.
- § 54-110. 9. Reserves.
- § 54-110. 10. Applicability of Article.
- § 54-111. Nature of the association.
- § 54-112. Use of term restricted.
- § 54-113. Articles of agreement.
- § 54-114. Certificate of incorporation.
- § 54-115. Fees for incorporation.
- § 54-116. Bylaws adopted.
- § 54-117. General corporation law or general nonprofit corporation law applied; dealing in products of, or renting to, nonmembers.
- § 54-118. Other corporations admitted.
- § 54-118. 1. License taxes.
- § 54-118. 2. Franchise taxes.
- § 54-119. Certificate for stock fully paid.
- § 54-120. Ownership of shares limited.
- § 54-121. Shares issued on purchase of business.
- § 54-122. Absent members voting.
- § 54-123. Directors and other officers.
- § 54-124. Nature of business authorized.
- § 54-125. Amendment of articles.
- § 54-126. Apportionment of earnings.
- § 54-127. Time of allocation.
- § 54-128. Annual reports.
- § 54-129. Declaration of policy.
- § 54-130. Definitions and nature.
- § 54-131. Who may organize.
- § 54-132. Purposes.
- § 54-133. Preliminary investigation.
- § 54-134. Articles of incorporation.
- § 54-135. Amendments to articles of incorporation.
- § 54-136. Bylaws.
- § 54-137. General and special meetings; how called.
- § 54-138. Conflicting laws not to apply.
- § 54-139. Foreign cooperative corporations; limitation on use of word "cooperative."
- § 54-140. Association heretofore organized may adopt the provisions of this Subchapter.
- § 54-141. Associations not in restraint of trade.
- § 54-142. Application of North Carolina Business Corporation Act to cooperative associations with capital stock.
- § 54-142. 1. Application of Nonprofit Corporation Act to cooperative associations without capital stock.
- § 54-143. License taxes.
- § 54-143. 1. Franchise taxes.
- § 54-144. Filing fees.
- § 54-145. Members.
- § 54-146. Directors; election.
- § 54-147. Election of officers.
- § 54-148. Stock; membership certificates; when issued; voting; liability; limitation on transfer of ownership.
- § 54-149. Removal of officer or director.
- § 54-150. Referendum.
- § 54-151. Powers.
- § 54-152. Marketing contract.
- § 54-153. Purchasing business of other associations, persons, firms, or corporations; payment; stock issued.
- § 54-154. Annual reports.
- § 54-155. Interest in other corporations or associations.
- § 54-156. Contracts and agreements with other associations.
- § 54-157. Breach of marketing contract of cooperative association; spreading false reports about the finances or management thereof; misdemeanor.
- § 54-158. Cooperative associations may form subsidiaries.
- § 54-159. Procedure for merger.
- § 54-160. Procedure for consolidation.
- § 54-161. Approval of merger or consolidation; abandonment.
- § 54-162. Articles of merger or consolidation.
- § 54-163. Effect of merger or consolidation.
- § 54-164. Merger or consolidation of domestic and foreign associations.
- § 54-165. Sale, lease or exchange of assets; mortgage or pledge of assets.
- § 54-166. Rights of objecting members.
- § 54B-1. Title.
- § 54B-2. Purpose.
- § 54B-3. Applicability of Chapter.
- § 54B-4. Definitions and application of terms.
- § 54B-5. Severability.
- § 54B-6. Hearings.
- § 54B-7. Application of Chapter on business corporations.
- § 54B-8. Scope and prohibitions; existing charters; injunctions.
- § 54B-9. Application to organize a savings and loan association.
- § 54B-10. Certificate of incorporation.
- § 54B-11. Commissioner of Banks to consider application.
- § 54B-12. Criteria to be met before the Commissioner of Banks may recommend approval of an application.
- § 54B-13. State Banking Commission to review findings and recommendations of Commissioner of Banks.
- § 54B-14. Grounds for approval or denial of application.
- § 54B-15. Final decision.
- § 54B-16. Appeal.
- § 54B-17. Insurance of accounts required.
- § 54B-18. Time allowed to commence business.
- § 54B-19. Licensing.
- § 54B-20. Amendments to certificate of incorporation.
- § 54B-21. List of stockholders to be maintained.
- § 54B-22. Branch offices.
- § 54B-23. Application to change location of a branch or principal office.
- § 54B-24. Approval revoked; branch office.
- § 54B-25. Branch offices closed.
- § 54B-30. Conversion from State to federal association.
- § 54B-31. Conversion from federal to State association.
- § 54B-32. Simultaneous charter and ownership conversion.
- § 54B-33. Conversion of mutual to stock association.
- § 54B-34. Conversion of stock associations to mutual associations.
- § 54B-34. 1. Conversion to State association.
- § 54B-34. 2. Conversion to bank.
- § 54B-35. Merger of like savings and loan associations.
- § 54B-36. Merger of associations where ownership is converted.
- § 54B-37. Merger of mutual and stock associations.
- § 54B-37. 1. Simultaneous conversion/merger.
- § 54B-39. Merger of federal with State associations.
- § 54B-40. Voluntary dissolution by directors.
- § 54B-41. Voluntary dissolution by stockholders or members.
- § 54B-42. Rules, regulations and reports of voluntary dissolution.
- § 54B-43. Stock dividends.
- § 54B-44. Supervisory mergers, consolidations, conversions, and combination mergers and conversions.
- § 54B-45. Interim associations.
- § 54B-46. Conversion of bank to stock association.
- § 54B-47. Merger of banks and associations.
- § 54B-48. 1. Title.
- § 54B-48. 2. Definitions.
- § 54B-48. 3. Acquisitions by Southern Region savings and loan holding companies and Southern Region associations.
- § 54B-48. 4. Exceptions.
- § 54B-48. 5. Prohibitions.
- § 54B-48. 6. Applicable laws, rules and regulations.
- § 54B-48. 7. Appeal of Commissioner of Banks' decision.
- § 54B-48. 8. Periodic reports; interstate agreements.
- § 54B-48. 9. Enforcement.
- § 54B-52. Commissioner of Banks.
- § 54B-54. Deputy commissioner of Savings Institutions Division.
- § 54B-55. Power of Commissioner of Banks to promulgate rules and regulations; reproduction of records.
- § 54B-56. Examinations by Commissioner of Banks; report.
- § 54B-57. Supervision and examination fees.
- § 54B-58. Prolonged audit, examination or revaluation; payment of costs.
- § 54B-59. Cease and desist orders.
- § 54B-60. Commissioner of Banks to have right of access to books and records of association; right to issue subpoenas, administer oaths, examine witnesses.
- § 54B-61. Test appraisals of collateral for loans; expense paid.
- § 54B-62. Relationship of savings and loan associations with the Savings Institutions Division.
- § 54B-63. Confidential information.
- § 54B-63. 1. Confidential records.
- § 54B-64. Civil penalties; State associations.
- § 54B-65. Civil penalties; directors, officers and employees.
- § 54B-66. Criminal penalties.
- § 54B-67. Primary jurisdiction.
- § 54B-68. Supervisory control.
- § 54B-69. Removal of directors, officers and employees.
- § 54B-70. Involuntary liquidation.
- § 54B-71. Judicial review.
- § 54B-72. Indemnity.
- § 54B-73. Cumulative penalties.
- § 54B-74. Annual license fees.
- § 54B-75. Statement filed by savings and loan association; fees and examination.
- § 54B-77. Certain powers granted to State associations.
- § 54B-78. Prohibited practices.
- § 54B-100. Membership of a mutual association.
- § 54B-101. Directors.
- § 54B-102. Employment policies.
- § 54B-103. Duties and liabilities of officers and directors to their associations.
- § 54B-104. Conflicts of interest.
- § 54B-105. Voting rights.
- § 54B-106. Annual meetings; notice required.
- § 54B-107. Special meetings; notice required.
- § 54B-108. Quorum.
- § 54B-109. Indemnification.
- § 54B-110. Days and hours of operation.
- § 54B-121. Creation of withdrawable accounts.
- § 54B-122. Additional requirements.
- § 54B-123. Dividends on withdrawable accounts.
- § 54B-124. Withdrawals from withdrawable accounts.
- § 54B-125. Emergency limitations.
- § 54B-126. Forced retirement of withdrawable accounts.
- § 54B-127. Negotiable orders of withdrawal.
- § 54B-128. Option on nonnegotiable orders of withdrawal.
- § 54B-129. Joint accounts.
- § 54B-130. 1. Payable on Death (POD) accounts.
- § 54B-131. Right of setoff on withdrawable accounts.
- § 54B-132. Minors as withdrawable account holders; safe deposit box lessees.
- § 54B-133. Withdrawable accounts as deposit of securities.
- § 54B-134. New account books.
- § 54B-135. Transfer of withdrawable accounts.
- § 54B-136. Authority of power of attorney.
- § 54B-139. Personal agency accounts.
- § 54B-140. Savings promotion raffles.
- § 54B-147. Collection of processing fee for returned checks.
- § 54B-150. Manner of making loans.
- § 54B-151. Permitted loans.
- § 54B-152. Real property encumbrances.
- § 54B-153. Prohibited security.
- § 54B-154. Insider loans.
- § 54B-155. Rule-making power of Commissioner of Banks.
- § 54B-156. Loan expenses and fees.
- § 54B-157. Loans conditioned on certain transactions prohibited.
- § 54B-158. Insured or guaranteed loans.
- § 54B-159. Purchase of loans.
- § 54B-160. Participation in loans.
- § 54B-161. Sale of loans.
- § 54B-162. Power to borrow money.