North Carolina § 54B-211 Renewal of liquidity fund

North Carolina Statutes

§ 54B-211 — Renewal of liquidity fund

North Carolina § 54B-211

Ch. 54BSavings and Loan Associations

Art. 9Liquidity Fund

This text of North Carolina § 54B-211 (Renewal of liquidity fund) 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-211 (2026).

Text

If the liquidity fund falls below the amount required by the Commission, the association shall make no new real property loans until the required level has been attained. The refinancing, recasting or renewal of loans previously made and loans made as a result of foreclosure sales under instruments held by the association shall not be considered as new loans, within the meaning of this section. (1981, c. 282, s. 3.)
§§ 54B-212 through 54B-215. Reserved for future codification purposes.

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If the liquidity fund falls below the amount required by the Commission, the association shall make no new real property loans until the required level has been attained. The refinancing, recasting or renewal of loans previously made and loans made as a result of foreclosure sales under instruments held by the association shall not be considered as new loans, within the meaning of this section. (1981, c. 282, s. 3.)
§§ 54B-212 through 54B-215. Reserved for future codification purposes.