North Carolina Statutes
§ 54B-166 — Nonconforming investments
North Carolina § 54B-166
This text of North Carolina § 54B-166 (Nonconforming investments) 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. § 54B-166 (2026).
Text
Unless otherwise provided, every loan or other investment made in violation of this Chapter shall be due and payable according to its terms and the obligation thereof shall not be impaired; provided, that such violation consists only of the lending of an excessive sum on authorized security or of investing in an unauthorized investment. (1981, c. 282, s. 3.)
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 54B-1
Title§ 54B-10
Certificate of incorporation§ 54B-100
Membership of a mutual association§ 54B-101
Directors§ 54B-102
Employment policies§ 54B-104
Conflicts of interest§ 54B-105
Voting rights§ 54B-106
Annual meetings; notice required§ 54B-107
Special meetings; notice required§ 54B-108
Quorum§ 54B-109
Indemnification§ 54B-110
Days and hours of operationCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 54B-166, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/54B/54B-166.