§ 54B-269 – Conditions for approval.
54B-269. Conditions for approval. No application by an out-of-state association received under this Article may be finally approved by the Commissioner of Banks unless: (1) The Commissioner of Banks has received in writing approval of the proposed transaction from the supervisor of the out-of-state association; (2) The supervisor of the out-of-state association agrees in writing […]
§ 54B-270 – Special conditions.
54B-270. Special conditions. (a) The Commissioner of Banks may require an out-of-state association to designate one of its branches in North Carolina as a "headquarters branch" and may, by rule, require that reports, books, and records required of associations doing business under this Article be available at the designated headquarters branch. (b) Once an out-of-state […]
§ 54B-271 – Powers.
54B-271. Powers. An out-of-state association that establishes a branch in North Carolina may engage in all the activities authorized by North Carolina law for a State association except to the extent that such activities have been expressly prohibited by the state supervisor of the out-of-state association or the laws of the out-of-state association’s home state. […]
§ 54B-265 – Title.
54B-265. Title. This Article shall be known and may be cited as the North Carolina Savings and Loan Interstate Branch Act. (1993, c. 191, s. 2.)