§ 54B-275 – Branch closings.
54B-275. Branch closings. An out-of-state association that is subject to an order or written agreement revoking its authority to establish or maintain a branch in North Carolina and any State association that is subject to an order or written agreement revoking its authority to establish or maintain a branch in another state shall wind up […]
§ 54B-276 – Rules.
54B-276. Rules. The Commission may adopt rules as necessary to carry out the provisions of this Article. (1993, c. 191, s. 2.)
§ 54B-277 – Appeal of Commissioner of Banks' decision.
54B-277. Appeal of Commissioner of Banks’ decision. Any aggrieved party in a proceeding under this Article may, within 30 days after final decision of the Commissioner of Banks, appeal such decision to the Commission. The Commission, within 30 days of receipt of the notice of appeal, shall approve, disapprove, or modify the Commissioner of Banks’ […]
§ 54B-278 – Severability.
54B-278. Severability. If any provision of this Article or the application of such provision to any persons or circumstances is found invalid, the remainder of this Article and its application to persons or circumstances other than those as to which it is held invalid, shall not be affected. (1993, c. 191, s. 2.)
§ 54B-272 – Establishment of out-of-state branches by state associations.
54B-272. Establishment of out-of-state branches by state associations. With the prior consent of the Commissioner of Banks, any association chartered under the laws of North Carolina may establish a branch in any other state in accordance with the laws of such other state. (1993, c. 191, s. 2; 2001-193, s. 16.)
§ 54B-273 – Regulatory and supervisory oversight.
54B-273. Regulatory and supervisory oversight. (a) The Commissioner of Banks may enter into such agreements as necessary regarding the scope, timing, coordination, and frequency of examinations and other supervisory matters, including the sharing of information gathered in such examinations, with other supervisors and federal association regulators. This authority applies to both out-of-state associations and their […]
§ 54B-274 – Enforcement.
54B-274. Enforcement. (a) Any enforcement authority available to the Commissioner of Banks for use against a State association may, subject to the provisions of Chapter 150B of the General Statutes, be used against a branch established under this Article and against the out-of-state association or its parent holding company establishing such branch. (b) The Commissioner […]
§ 54B-249 – Removal of officers or employees.
54B-249. Removal of officers or employees. The Secretary of Commerce shall have the right, and is hereby empowered, to require the board of directors or board of trustees of any guaranty association to immediately remove from office any officer, director, trustee or employee of any mutual deposit guaranty association doing business in this State, who […]
§ 54B-261 – Savings and loan holding companies.
54B-261. Savings and loan holding companies. (a) Notwithstanding any other provision of law, any stock association may simultaneously with its incorporation or conversion to a stock association provide for its ownership by a savings and loan holding company. In the case of a conversion, members of the converting association shall have the right to purchase […]
§ 54B-262 – Supervision of savings and loan holding companies.
54B-262. Supervision of savings and loan holding companies. Savings and loan holding companies shall be under the supervision of the Commissioner of Banks. The Commissioner of Banks shall exercise all powers and responsibilities with respect to savings and loan holding companies which he exercises with respect to associations. (1981, c. 282, s. 3; 2001-193, s. […]