North Carolina § 53-395 - Compensation of the Commissioner's office.

Full text of North Carolina North Carolina General Statutes § 53-395 — Compensation of the Commissioner's office., with citation guidance and answers to common questions.

§ 53-395. Compensation of the Commissioner's office.

The office of the Commissioner, for services rendered in connection with the duties described in this Subpart, shall be entitled to actual expenses incurred in connection with the liquidation of each State trust company, including a reasonable sum for the time of the examiners and other agents of the Commissioner. The Commissioner may adopt rules or orders for fixing these expenses. History (2001-263, s. 1.)

Source: official North Carolina text · Last verified 2026-08-27

Frequently Asked Questions About North Carolina § 53-395

What does North Carolina General Statutes § 53-395 cover?

Section 53-395 ("Compensation of the Commissioner's office.") 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 § 53-395?

A common citation format is "North Carolina General Statutes § 53-395" (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 § 53-395 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.