North Carolina Statutes
§ 53-345 — Engaging in commerce prohibited
North Carolina § 53-345
JurisdictionNorth Carolina
Ch. 53Regulation of Financial Services
Art. 24Trust Companies and Interstate Trust Business
This text of North Carolina § 53-345 (Engaging in commerce prohibited) 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. § 53-345 (2026).
Text
Except as otherwise provided by this Part, or by rules, orders, or declaratory rulings of the Commissioner, a State trust company shall not engage in trade or commerce by buying, selling, or otherwise dealing in goods, or by conducting business other than trust business and trust marketing, except as necessary to fulfill a fiduciary obligation to a client. (2001-263, s. 1.)
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DefinitionsCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 53-345, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/53/53-345.