reglab/housing_qa huggingface dataset:
NC Gen Stat § 53-282 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 22 - Check-Cashing Businesses.|§ 53-282 - Record keeping; receipt requirements.

 53-282. Record keeping; receipt requirements.(a) Every person required to be licensed under this Article shall maintain in its offices such books, accounts, and records as the Commissioner may reasonably require. The books, accounts, and records shall be maintained separate from any other business in which the person is engaged, and shall be retained for a period prescribed by the Commissioner. A person required to be licensed under this Article that derives less than twenty percent (20%) of the person's annual gross revenues from check cashing shall not be required to maintain separate accounts and records.(b) The licensee shall ensure that each customer cashing a check shall be provided a receipt showing the name or trade name of the licensee, the transaction date, amount of the check, and the fee charged.(c) The Commissioner may examine the books, accounts, and records in order to determine whether the person is complying with this Article and rules adopted pursuant thereto. The cost of the examination shall be paid by the licensee and shall be determined by applying the hourly rate for special examinations adopted by the State Banking Commission by regulation.  (1997-391, s. 1; 2011-325, s. 10.)
NC Gen Stat § 53-283 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 22 - Check-Cashing Businesses.|§ 53-283 - Prohibited practices.

 53-283. Prohibited practices.No person required to be licensed under this Article shall do any of the following:(1) Charge fees in excess of those authorized under this Article.(2) Engage in the business of making loans of money, or extensions of credit, or discounting notes, bills of exchange, items, or other evidences of debt; or accepting deposits or bailments of money or items, except as expressly provided by G.S. 53-281.(3) Use or cause to be published or disseminated any advertising communication which contains any false, misleading, or deceptive statement or representation.(4) Conduct business at premises or locations other than locations licensed by the Commissioner.(5) Engage in unfair, deceptive, or fraudulent practices.(6) Cash a check, draft, or money order made payable to a payee other than a natural person unless the licensee has previously obtained appropriate documentation from the executive entity of the payee clearly indicating the authority of the natural person or persons cashing the check, draft, or money order on behalf of the payee. (1997-391, s. 1.)
NC Gen Stat § 53-284 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 22 - Check-Cashing Businesses.|§ 53-284 - Suspension and revocation of license; grounds; procedure.

 53-284. Suspension and revocation of license; grounds; procedure.(a) The Commissioner may suspend or revoke any license or licenses issued pursuant to this Article if, after notice and opportunity for hearing, the Commissioner issues written findings that the licensee has engaged in any of the following conduct:(1) Violated this Article or applicable State or federal law or rules.(2) Made a false statement on the application for a license under this Article.(3) Refused to permit investigation by the Commissioner authorized under this Article.(4) Failed to comply with an order of the Commissioner.(5) Demonstrated incompetency or untrustworthiness to engage in the business of check cashing.(6) Been convicted of a felony or misdemeanor involving fraud, misrepresentation, or deceit.(b) The Commissioner may not suspend or revoke any license issued under this Article unless the licensee has been given notice and opportunity for hearing in accordance with Article 3A of Chapter 150B of the General Statutes. (1997-391, s. 1.)
NC Gen Stat § 53-285 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 22 - Check-Cashing Businesses.|§ 53-285 - Cease and desist orders.

 53-285. Cease and desist orders.If the Commissioner determines that a person required to be licensed under this Article has violated this Article or rules adopted pursuant to it, then the Commissioner may, upon notice and opportunity for hearing in accordance with Article 3A of Chapter 150B of the General Statutes, order the person to cease and desist from the violations and to comply with this Article. The Commissioner may enforce compliance with an order issued pursuant to this section by the imposition and collection of civil penalties authorized under this Article. (1997-391, s. 1.)
NC Gen Stat § 53-286 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 22 - Check-Cashing Businesses.|§ 53-286 - Civil penalties and restitution.

 53-286. Civil penalties and restitution.The Commissioner may order and impose civil penalties upon any person required to be licensed under this Article for violations of this Article or rules adopted thereunder. Civil penalties shall not exceed one thousand dollars ($1,000) per violation. All civil money penalties collected under this Article shall be paid to the county school fund. The Commissioner may also order repayment of unlawful or excessive fees charged to customers. (1997-391, s. 1.)
NC Gen Stat § 53-287 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 22 - Check-Cashing Businesses.|§ 53-287 - Criminal penalties.

 53-287. Criminal penalties.A violation of G.S. 53-276 by a person required to obtain a license under this Article is a Class I felony. Each transaction involving the unlawful cashing of a check, draft, or money order constitutes a separate offense. (1997-391, s. 1.)
NC Gen Stat § 53-288 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 22 - Check-Cashing Businesses.|§ 53-288 - Commissioner to adopt rules.

 53-288. Commissioner to adopt rules.The Commissioner may adopt rules necessary to carry out the purposes of this Article, to provide for the protection of the public, and to assist licensees in interpreting and complying with this Article. (1997-391, s. 1.)
NC Gen Stat § 53-289 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 22 - Check-Cashing Businesses.|§ 53-289 - Commission may review rules, orders, or acts by Commissioner.

 53-289. Commission may review rules, orders, or acts by Commissioner.The Commission may review any rule, regulation, order, or act of the Commissioner done pursuant to or with respect to the provisions of this Article. Any person aggrieved by any such rule, regulation, order, or act may appeal, pursuant to G.S. 53C-2-6, to the Commission for review upon giving notice in writing within 20 days after such rule, regulation, order, or act complained of is adopted, issued, or done. Notwithstanding any other provision of law, any aggrieved party to a decision of the Banking Commission shall be entitled to petition for judicial review pursuant to G.S. 53C-2-6.  (1997-391, s. 1; 2009-57, s. 10; 2012-56, s. 28.)
NC Gen Stat § 53-295 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 23 - Continuity of Contract Under European Monetary Union.|§ 53-295 - Definitions.

 53-295. Definitions.The following definitions shall apply in this Article:(1) Euro. - The currency of participating member states of the European Union that adopt a single currency in accordance with the Treaty on European Union dated February 7, 1992.(2) European Currency Unit (ECU). - The currency as defined in the European Council regulation number 3320/94.(3) Introduction of the Euro. - The implementation of economic and monetary union of member states of the European Union in accordance with the Treaty on European Union dated February 7, 1992. (1999-312, s. 1.)
NC Gen Stat § 53-296 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 23 - Continuity of Contract Under European Monetary Union.|§ 53-296 - Continuity of contract.

 53-296. Continuity of contract.(a) If a subject of medium of payment of a contract, security, or instrument is a currency that has been substituted or replaced by the euro, the euro shall be a commercially reasonable substitute and substantial equivalent that may either be used in determining the value of that currency, or tendered at the conversion rate specified in and otherwise calculated in accordance with the regulations adopted by the Council of the European Union.(b) If a subject or medium of payment of a contract, security, or instrument is the ECU, the euro will be a commercially reasonable substitute and substantial equivalent that may be either used in determining the value of that currency, or tendered at the conversion rate specified in and otherwise calculated in accordance with the regulations adopted by the Council of the European Union.(c) Performance of any of the obligations described in subsection (a) or (b) may be made in the currencies originally designated in the contract, security, or instrument, so long as the currencies remain legal tender, or in euro, but not in any other currency, whether or not the currency has been substituted or replaced by the euro, or is a currency that is considered a denomination of the euro and has a fixed conversion rate with respect to the euro. (1999-312, s. 1.)
NC Gen Stat § 53-297 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 23 - Continuity of Contract Under European Monetary Union.|§ 53-297 - Effect of currency substitution on performance.

 53-297. Effect of currency substitution on performance.None of the following shall have the effect of discharging or excusing performance under any contract, security, or instrument, or give a party the right unilaterally to alter or terminate any contract, security, or instrument:(1) Introduction of the euro.(2) Tender of euros in connection with any obligation in compliance with G.S. 53-296.(3) Determination of the value of any obligation in compliance with G.S. 53-296.(4) Calculation or determination of the subject or medium of payment of a contract, security, or instrument with reference to an interest rate or other basis that has been substituted or replaced due to the introduction of the euro and that is a commercially reasonable substitute and substantial equivalent. (1999-312, s. 1.)
NC Gen Stat § 53-298 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 23 - Continuity of Contract Under European Monetary Union.|§ 53-298 - References to ECU in contracts.

 53-298. References to ECU in contracts.(a) References to the ECU in a contract, security, or other instrument that also refers in substance to the definition of the ECU as set forth in G.S. 53-295 shall be replaced by references to the euro at a rate of one euro to one ECU.(b) References to the ECU in a contract, security, or instrument without a definition as set forth in G.S. 53-295 shall be presumed, rebuttable by proof of the contrary intention of the parties, to be references to the currency basket that is from time to time used as the unit of account of the European community. (1999-312, s. 1.)
NC Gen Stat § 53-299 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 23 - Continuity of Contract Under European Monetary Union.|§ 53-299 - Application.

 53-299. Application.Notwithstanding any other law, this Article shall apply to all contracts, securities, and instruments, including contracts with respect to commercial transactions. (1999-312, s. 1.)
NC Gen Stat § 53-300 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 23 - Continuity of Contract Under European Monetary Union.|§ 53-300 - No application to other currency alteration.

 53-300. No application to other currency alteration.In circumstances of currency alteration other than the introduction of the euro, this Article shall not be interpreted as creating any negative inference or negative presumption regarding the validity or enforceability of contracts, securities, or instruments denominated in whole or in part in a currency affected by that alteration. (1999-312, s. 1.)
NC Gen Stat § 53-302 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 24 - Trust Companies and Interstate Trust Business.|§ 53-302 - Title and purposes.

 53-302. Title and purposes.(a) This Part may be cited as the Multistate Trust Institutions Act.(b) It is the express intent of this Part to permit trust institutions to engage in trust business on a multistate and international basis subject to the provisions of this Part. (2001-263, s. 1.)
NC Gen Stat § 53-303 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 24 - Trust Companies and Interstate Trust Business.|§ 53-303 - Companies authorized to engage in trust business.

 53-303. Companies authorized to engage in trust business.(a) No company shall engage in trust business in this State except:(1) A State trust company;(2) A State bank;(3) A State savings association;(4) A national bank having its principal office in this State;(5) A federally chartered savings association having its principal office in this State;(6) An out-of-state trust institution in accordance with and subject to the provisions of Subpart D of this Part;(7) A foreign trust institution in accordance with and subject to the provisions of Subpart E of this Part; or(8) A company otherwise authorized to engage in trust business or to act in a particular capacity described in G.S. 53-331(b)(2) under the laws of this State or of the United States.(b) No company shall engage in unauthorized trust activity, and all companies shall engage in trust business in accordance with and subject to all applicable laws of this State. (2001-263, s. 1.)
NC Gen Stat § 53-304 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 24 - Trust Companies and Interstate Trust Business.|§ 53-304 - Activities not requiring a charter, license, or approval.

 53-304. Activities not requiring a charter, license, or approval.Notwithstanding any other provision of this Article, a company does not act as a fiduciary; engage in trust business or in any other business requiring a charter, license, or approval under the provisions of this Chapter; or engage in unauthorized trust activity by:(1) Acting in a manner authorized by law as an agent of a trust institution with respect to any activity that is not unauthorized trust activity;(2) Rendering legal services in a manner authorized by the North Carolina State Bar;(3) Acting as trustee under a deed of trust delivered only as security for the payment of money or for the performance of another act;(4) Receiving and distributing rents and proceeds of sales of real property in a manner authorized by the North Carolina Real Estate Commission;(5) Engaging in securities transactions or providing investment advisory services in accordance with applicable securities laws;(6) Engaging in the issuance, sale, or administration of an insurance or annuity product in a manner authorized by the North Carolina Department of Insurance;(7) Engaging in the lawful sale of prepaid funeral benefits in accordance with and subject to Article 13D of Chapter 90 of the General Statutes or engaging in the lawful business of a perpetual care cemetery corporation in accordance with and subject to Chapter 65 of the General Statutes;(8) Acting as trustee under a voting trust;(9) Acting as fiduciary by an organization described in paragraphs (1) through (5) of section 170(c) or section 501(c) of the Internal Revenue Code of 1986, as amended, with respect to endowment funds or other funds owned, controlled, provided to, or otherwise made available to the organization with respect to its exempt purposes (including, without limitation, trust funds in which the organization has a beneficial interest).(10) Engaging in other activities expressly excluded from the application of this Article by rule, order, or declaratory ruling of the Commissioner;(11) Rendering services as a certified public accountant in a manner authorized by the North Carolina State Board of Certified Public Accountant Examiners;(12) Provided the company is a trust institution and is not barred by order of the Commissioner from engaging in trust marketing in this State pursuant to G.S. 53-321(b), (i) marketing or soliciting in this State with respect to acting as a fiduciary outside this State; (ii) delivering money or other intangible assets to, and receiving money or other intangible assets for administration outside this State from, a person in this State; or (iii) accepting an account outside this State or otherwise engaging in trust business outside this State; or(13) Receiving, holding, administering, or distributing real or personal property for or on behalf of another person solely incidental to a lawfully conducted activity or transaction. (2001-263, s. 1.)
NC Gen Stat § 53-305 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 24 - Trust Companies and Interstate Trust Business.|§ 53-305 - Trust business of State trust institution.

 53-305. Trust business of State trust institution.A State trust institution may conduct any activities outside this State that are permissible for a trust institution in the host state, subject to the laws of this State and, in the case of a State bank or a State trust company, subject to rules, orders, or declaratory rulings of the Commissioner. (2001-263, s. 1.)
NC Gen Stat § 53-306 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 24 - Trust Companies and Interstate Trust Business.|§ 53-306 - Trust business of out-of-state trust institution.

 53-306. Trust business of out-of-state trust institution.An out-of-state trust institution that establishes or acquires and maintains one or more trust offices or representative trust offices in this State under the provisions of this Part or that maintains one or more branches in this State may, subject to the provisions of this Part, conduct any activity through such a trust office, representative trust office, or branch that a State trust company or a State bank is authorized to conduct through a trust office, representative trust office, or branch under the laws of this State. (2001-263, s. 1; 2005-269, s. 4.)
NC Gen Stat § 53-307 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 24 - Trust Companies and Interstate Trust Business.|§ 53-307 - Trust business of foreign trust institution.

 53-307. Trust business of foreign trust institution.A foreign trust institution that establishes or acquires and maintains one or more trust offices in this State under the provisions of this Part may, subject to the provisions of this Part, also establish or acquire one or more representative trust offices and conduct any activity through the trust offices or representative trust offices that a State trust company is authorized to conduct through trust offices or representative trust offices under the laws of this State. (2001-263, s. 1; 2005-269, s. 5.)
NC Gen Stat § 53-308 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 24 - Trust Companies and Interstate Trust Business.|§ 53-308 - Name of trust institution.

 53-308. Name of trust institution.Subject to other provisions of applicable law, a person may register or reserve any name with the Secretary of State in connection with engaging or proposing to engage in trust business or trust marketing in this State, except that the Commissioner may determine that a name registered or reserved is potentially misleading to the public and require the use of a name that is not potentially misleading. (2001-263, s. 1.)
NC Gen Stat § 53-309 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 24 - Trust Companies and Interstate Trust Business.|§ 53-309 - Trust deposits of authorized trust institutions.

 53-309. Trust deposits of authorized trust institutions.(a) Subsection (b) of G.S. 36A-63 shall not apply to an authorized trust institution.(b) In the absence of a contrary provision in an instrument governing an account, an authorized trust institution may deposit client funds with itself to satisfy its duties under G.S. 36A-63(a) provided:(1) It maintains, as collateral for the deposits, a separate fund of readily marketable commercial bonds having not less than a recognized "A" rating equal to one hundred and twenty-five percent (125%) of the funds so deposited;(2) The separate fund is designated as such; and(3) The separate fund either is maintained under the control of another trust institution, a bank, or a government agency, or is held by the authorized trust institution for the benefit of the accounts with deposits secured by the separate fund; provided, that the Commissioner may require such a separate fund of an authorized trust institution that is insolvent, in a hazardous condition, or jeopardized, to be held by a separate trust institution or bank approved by the Commissioner.(c) An authorized trust institution may make periodic withdrawals from or additions to the separate fund required by subsection (b) of this section as long as the required value is maintained. Income from the separate fund belongs to the authorized trust institution.(d) Collateral is not required for a deposit under subsection (b) of this section to the extent the deposit is insured by the Federal Deposit Insurance Corporation. (2001-263, s. 1.)
NC Gen Stat § 53-310 (2021)
2021 North Carolina General Statutes|Chapter 53 - Regulation of Financial Services|Article 24 - Trust Companies and Interstate Trust Business.|§ 53-310 - Offices of State trust companies.

 53-310. Offices of State trust companies.(a) A State trust company may engage in trust business or trust marketing through its principal office and through each trust office as permitted by this Part.(b) A State trust company may engage in trust marketing through a representative trust office as permitted by this Part.(c) A State trust company may engage in trust business and trust marketing through out-of-state trust offices or representative trust offices to the same extent permitted for trust institutions located in the host state through which those out-of-state trust offices or representative trust offices are located, subject to the laws of this State and as provided by rules, orders, or declaratory rulings of the Commissioner. (2001-263, s. 1; 2005-269, s. 6.)