North Carolina Statutes

§ 54C-129 — Nonconforming loans and investments

North Carolina § 54C-129
JurisdictionNorth Carolina
Ch. 54CSavings Banks
Art. 7Loans and Investments

This text of North Carolina § 54C-129 (Nonconforming loans and 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. § 54C-129 (2026).

Text

Unless otherwise provided, every loan or other investment made in violation of this Chapter is due and payable according to its terms and the obligation thereof is not impaired; provided, that the violation consists only of the lending of an excessive sum on authorized security or of investing in an unauthorized investment. (1991, c. 680, s. 1.)

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Bluebook (online)
North Carolina § 54C-129, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/54C/54C-129.