North Carolina § 53C-4-8 - Officers and employees shall give bond.
Full text of North Carolina North Carolina General Statutes § 53C-4-8 — Officers and employees shall give bond., with citation guidance and answers to common questions.
§ 53C-4-8. Officers and employees shall give bond.
A bank shall require security in the form of a bond for the fidelity and faithful performance of duties by its officers and employees. The bond shall be issued by a bonding company authorized to do business in this State and upon such form as may be approved by the Commissioner. Otherwise, the amount, form, and terms of the bond shall be such as the board of directors may require. The premium for the bond is to be paid by the bank. To provide for the safety and soundness of a bank, the Commissioner may require an increase in the amount of the bond or additional or different security. History (2012-56, s. 4.)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 53C-4-8
What does North Carolina General Statutes § 53C-4-8 cover?
Section 53C-4-8 ("Officers and employees shall give bond.") 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 § 53C-4-8?
A common citation format is "North Carolina General Statutes § 53C-4-8" (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 § 53C-4-8 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.