North Carolina Statutes

§ 53-139 — Capital stock

North Carolina § 53-139
JurisdictionNorth Carolina
Ch. 53Regulation of Financial Services
Art. 11Industrial Banks

This text of North Carolina § 53-139 (Capital stock) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.C. Gen. Stat. § 53-139 (2026).

Text

The amount of capital stock with which any industrial bank shall commence business shall not be less than fifty percent (50%) of that which would be required of a commercial bank under the provisions of G.S. 53-2. (1923, c. 225, s. 4; C.S., s. 225(d); 1967, c. 789, s. 18.)

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Bluebook (online)
North Carolina § 53-139, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/53/53-139.