North Carolina § 54C-164 - Deposit accounts.

Full text of North Carolina North Carolina General Statutes § 54C-164 — Deposit accounts., with citation guidance and answers to common questions.

§ 54C-164. Deposit accounts.

A savings bank may raise capital through the solicitation of deposits from any person, natural or corporate, except as restricted or limited by law, or by any rules that the Commissioner of Banks may prescribe. A savings bank may receive deposits of funds upon any terms as the contract of deposit shall provide subject to withdrawals or to be paid upon checks of the depositor. History (1991, c. 680, s. 1; 2001-193, s. 16.)

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

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Frequently Asked Questions About North Carolina § 54C-164

What does North Carolina General Statutes § 54C-164 cover?

Section 54C-164 ("Deposit accounts.") 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 § 54C-164?

A common citation format is "North Carolina General Statutes § 54C-164" (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 § 54C-164 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.