§ 53C-10-202 – Combination application and investigation.
53C-10-202. Combination application and investigation. (a) A holding company of a bank seeking approval of a combination shall file with the Commissioner an application for approval, copies of the agreement under which the holding company proposes to effect the combination, and any additional information that the Commissioner shall require by rule or as is required […]
§ 53C-10-203 – Decision on application.
53C-10-203. Decision on application. Based on the application and the Commissioner’s examination, the Commissioner shall enter an order approving or denying approval of the proposed combination not later than the 60th day following the date the Commissioner notifies the parties that the application is complete, unless extraordinary circumstances require a longer period of review. (2012-56, […]
§ 53C-10-204 – Appeal.
53C-10-204. Appeal. Any order of the Commissioner denying an application for approval of a combination may be appealed to the Commission by a party to the combination, as provided in G.S. 53C-2-6. (2012-56, s. 4.)
§ 53C-9-406 – Hearing where objection made; appeal from order.
53C-9-406. Hearing where objection made; appeal from order. If objection is made to the appointment of a new trustee under this Part, the clerk shall hear and determine the matter, and from his or her decision an appeal may be prosecuted as in cases of special proceedings generally. (2012-56, s. 4.)
§ 53C-9-407 – Registration of final order.
53C-9-407. Registration of final order. The final order of appointment of a new trustee or trustees under this Part shall be certified by the clerk of superior court issuing the order and shall be recorded in the office of the register of deeds in the county or counties in which the instrument under which the […]
§ 53C-9-408 – Petition and order applicable to all instruments involved.
53C-9-408. Petition and order applicable to all instruments involved. The petition and the order appointing a new trustee or trustees under this Part may apply to any number of indentures, deeds of trust, or other instruments, wherein the same trustee or trustees are named. (2012-56, s. 4.)
§ 53C-9-409 – Additional remedy.
53C-9-409. Additional remedy. The appointment of a substitute trustee as described in this Part shall be in addition to and not substitution for any other remedy provided by law. (2012-56, s. 4.)
§ 53C-9-301 – Receivership.
53C-9-301. Receivership. (a) The Commissioner may take custody of the books, records, and assets of every kind and character of any bank in the instances established in Part 2 of this Article or if it reasonably appears from one or more examinations made by the Commissioner that any of the following conditions exist: (1) The […]
§ 53C-9-401 – Article relating to receivers applicable to insolvent banks.
53C-9-401. Article relating to receivers applicable to insolvent banks. Article 38A of Chapter 1 of the General Statutes, relating to receivers, when not inconsistent with the provisions of this Article, applies to the liquidation of banks under this Article. (2012-56, s. 4; 2021-93, s. 9.)
§ 53C-9-402 – Storage and destruction of records.
53C-9-402. Storage and destruction of records. (a) Any record of a bank that is in or has completed the process of dissolution and liquidation may be kept in compliance with the provisions of G.S. 53C-6-14. (b) All records of a bank that has completed the process of dissolution and liquidation shall be held in such […]