North Carolina Statutes
§ 53-161 — Examination in connection with license as to solvency
North Carolina·Ch. 53 Regulation of Financial Services·Art. 14 Trust Institutions Acting in a Fiduciary Capacity
The Commissioner of Banks may, at the expense of the trust institution, make or cause to be made an examination of any trust institution, other than a federally chartered trust institution, that applies for or is licensed by the Commissioner of Banks. The Commissioner of Banks may refuse to issue a license to a trust institution that it finds to be in a hazardous condition. (1945, c. 743, s. 1; 2001-263, s. 3; 2011-339, s. 7.)
§ 53-162: Repealed by Session Laws 2011-339, s. 7, effective October 1, 2011.
Free access — add to your briefcase to read the full text and ask questions with AI
North Carolina § 53-161 (Examination in connection with license as to solvency) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 53-136
Industrial bank defined§ 53-137
Manner of organization§ 53-138
Corporate title§ 53-139
Capital stock§ 53-141
Powers§ 53-142
Restriction on powers§ 53-144
Supervision and examination§ 53-158.10
Definitions