North Carolina § 1-33 Actions against bank directors or stockholders

North Carolina Statutes

§ 1-33 — Actions against bank directors or stockholders

North Carolina § 1-33

Ch. 1Civil Procedure

Art. 3Limitations, General Provisions

Subch. IILIMITATIONS

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Bluebook

N.C. Gen. Stat. § 1-33 (2026).

Text

The limitations prescribed by law do not affect actions against directors or stockholders of any banking association incorporated under the laws of this State, to recover a penalty or forfeiture imposed, or to enforce a liability created by law; but such actions must be brought within three years after the discovery by the aggrieved party of the facts upon which the penalty or forfeiture attached, or the liability was created. (C.C.P., s. 54; Code, s. 175; Rev., s. 378; C.S., s. 423.)

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The limitations prescribed by law do not affect actions against directors or stockholders of any banking association incorporated under the laws of this State, to recover a penalty or forfeiture imposed, or to enforce a liability created by law; but such actions must be brought within three years after the discovery by the aggrieved party of the facts upon which the penalty or forfeiture attached, or the liability was created. (C.C.P., s. 54; Code, s. 175; Rev., s. 378; C.S., s. 423.)