reglab/housing_qa huggingface dataset:
NC Gen Stat § 54B-132 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 6 - Withdrawable Accounts.|§ 54B-132 - Minors as withdrawable account holders; safe deposit box lessees.

 54B-132. Minors as withdrawable account holders; safe deposit box lessees.(a) An association may issue a withdrawable account to a minor as the sole and absolute owner, or as a joint owner, and receive payments, pay withdrawals, accept pledges and act in any other manner with respect to such account on the order of the minor with like effect as if he were of full age and legal capacity. Any payment to a minor shall be a discharge of the association to the extent thereof. The account shall be held for the exclusive right and benefit of the minor, and any joint owners, free from the control of all persons, except creditors.(b) An association may lease a safe deposit box to a minor and, with respect to such lease, may deal with the minor in all regards as if the minor were of full age and legal capacity. A minor entering a lease agreement with an association pursuant to this subsection shall be bound by the terms of the agreement to the same extent as if the minor were of full age and legal capacity. (1981, c. 282, s. 3; 1989, c. 437; 1991, c. 707, s. 6.)
NC Gen Stat § 54B-133 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 6 - Withdrawable Accounts.|§ 54B-133 - Withdrawable accounts as deposit of securities.

 54B-133. Withdrawable accounts as deposit of securities.Notwithstanding any restrictions or limitations contained in any law of this State, the withdrawable accounts of any State association or of any federal association having its principal office in this State, may be accepted by any agency, department or official of this State in any case wherein such agency, department or official acting in its or his official capacity requires that securities be deposited with such agency, department or official. (1981, c. 282, s. 3.)
NC Gen Stat § 54B-134 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 6 - Withdrawable Accounts.|§ 54B-134 - New account books.

 54B-134. New account books.A new account book or certificate or other evidence of ownership of a withdrawable account may be issued in the name of the holder of record at any time when requested by such holder or his legal representative upon proof satisfactory to the association that the original account book or certificate has been lost or destroyed. Such new account book or certificate shall expressly state that it is issued in lieu of the one lost or destroyed and that the association shall in no way be liable thereafter on account of the original book or certificate. The association may in its bylaws require indemnification against any loss that might result from the issuance of the new account book or certified certificate. (1981, c. 282, s. 3.)
NC Gen Stat § 54B-135 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 6 - Withdrawable Accounts.|§ 54B-135 - Transfer of withdrawable accounts.

 54B-135. Transfer of withdrawable accounts.The owner of a withdrawable account may transfer his rights therein absolutely or conditionally to any other person eligible to hold the same but such transfer may be made on the books of the association only upon presentation of evidence of transfer satisfactory to the association, and accompanied by the proper application for transfer by the transferor and transferee, who shall accept such account subject to the terms and conditions of the savings contract, the bylaws of the association, the provisions of its certificate of incorporation, and all rules and regulations of the Commissioner of Banks. Notwithstanding the effectiveness of such a transfer between the parties thereto, the association may treat the holder of record of a withdrawable account as the owner thereof for all purposes, including payment and voting (in the case of a mutual association) until such transfer and assignment has been recorded by the association. (1981, c. 282, s. 3; 2001-193, s. 16.)
NC Gen Stat § 54B-136 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 6 - Withdrawable Accounts.|§ 54B-136 - Authority of power of attorney.

 54B-136. Authority of power of attorney.An association may continue to recognize the authority of an individual holding a power of attorney in writing to manage or to make withdrawals either in whole or in part from the withdrawable account of a customer or member until it receives written or actual notice of death or of adjudication of incompetency of such member or revocation of the authority of such individual holding such power of attorney. Payment by the association to an individual holding a power of attorney prior to receipt of such notice shall be a total discharge of the association's obligation as to the amount so paid. (1981, c. 282, s. 3.)
NC Gen Stat § 54B-140 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 6 - Withdrawable Accounts.|§ 54B-140 - Savings promotion raffles.

 54B-140. Savings promotion raffles.A savings and loan association may offer a savings promotion raffle in which the sole consideration required for a chance of winning designated prizes is the deposit of a minimum specified amount of money in a savings account or other savings program offered by the savings and loan association. A savings and loan association shall maintain records sufficient to facilitate an audit of the savings promotion raffle, shall conduct the savings promotion raffle in a safe and sound manner, and shall fully disclose the terms and conditions of the promotion to account holders and prospective account holders of the savings and loan association.  (2019-173, s. 2(c).)
NC Gen Stat § 54B-147 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 6A - Fee for Returned Checks.|§ 54B-147 - Collection of processing fee for returned checks.

 54B-147. Collection of processing fee for returned checks.Notwithstanding any other provision of law, a processing fee may be charged and collected by any association for checks (including negotiable order of withdrawal drafts) on which payment has been refused by the payor depository institution. An association may also collect said fee for checks drawn on that association with respect to an account with insufficient funds. (1981 (Reg. Sess., 1982), c. 1238, s. 14; 1985, c. 224.)
NC Gen Stat § 54B-150 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-150 - Manner of making loans.

 54B-150. Manner of making loans.(a) The board of directors shall establish procedures by which loans are to be considered, approved, and made by the association.(b) All actions on loan applications to the association shall be reported to the board of directors at its next meeting. (1981, c. 282, s. 3; 1983, c. 144, s. 18.)
NC Gen Stat § 54B-152 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-152 - Real property encumbrances.

 54B-152. Real property encumbrances.(a) Real property is deemed unencumbered within the meaning of this Chapter unless the security instrument thereon establishes a first lien upon such real property or interest therein.(b) Notwithstanding the provisions of the immediately preceding subsection, real property is not deemed encumbered within the meaning of this Chapter merely by reason of the existence of:(1) An instrument reserving a right-of-way, sewer rights, or rights in wells; or(2) Building restrictions or other restrictive covenants; or(3) A lease under which rents or profits are reserved by the owner; or(4) Current taxes or assessments not yet payable; or(5) Other encumbrances which, in accordance with sound lending practices in the locality, are not regarded as constituting defects in title to real property. (1981, c. 282, s. 3; 1999-179, s. 1.)
NC Gen Stat § 54B-153 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-153 - Prohibited security.

 54B-153. Prohibited security.No association may accept its own capital stock or its own mutual capital certificates as security for any loan made by such association. (1981, c. 282, s. 3.)
NC Gen Stat § 54B-154 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-154 - Insider loans.

 54B-154. Insider loans.The Commissioner of Banks may promulgate rules and regulations no less stringent than the requirements of the appropriate federal regulatory authority, and as he deems necessary, to govern the making of loans to officers and directors, and their associates, and companies or other business entities controlled by them. (1981, c. 282, s. 3; 1983, c. 144, s. 20; 1989 (Reg. Sess., 1990), c. 806, s. 10; 2001-193, s. 16.)
NC Gen Stat § 54B-155 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-155 - Rule-making power of Commissioner of Banks.

 54B-155. Rule-making power of Commissioner of Banks.The Commissioner of Banks shall, from time to time, promulgate such rules and regulations in respect to loans permitted to be made by State associations as may be reasonably necessary to assure that such loans are in keeping with sound lending practices and to promote the purposes of this Chapter; provided, that such rules and regulations shall not prohibit an association from making any loan which is a permitted loan for federal associations under federal regulatory authority. (1981, c. 282, s. 3; 2001-193, s. 16.)
NC Gen Stat § 54B-156 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-156 - Loan expenses and fees.

 54B-156. Loan expenses and fees.(a) Subject to the provisions of N.C.G.S. Chapter 24, an association may require borrowers to pay all reasonable expenses incurred by the association in connection with making, closing, disbursing, extending, adjusting or renewing loans. Such charges may be collected by the association from the borrower and paid to any persons, including any director, officer or employee of the association who may render services in connection with the loan, or such charges may be paid directly by the borrower.(b) An association may require a borrower to pay a reasonable charge for late payments made during the course of repayment of a loan. Subject to the provisions of G.S. 24-10.1, such payments may be levied only upon such terms and conditions as shall be fixed by the association's board of directors and agreed to by the borrower in the loan contract. (1981, c. 282, s. 3; 1989 (Reg. Sess., 1990), c. 806, s. 16.)
NC Gen Stat § 54B-157 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-157 - Loans conditioned on certain transactions prohibited.

 54B-157. Loans conditioned on certain transactions prohibited.No association or service corporation thereof shall require as a condition of making a loan that the borrower contract with any specific person or organization for particular services. (1981, c. 282, s. 3.)
NC Gen Stat § 54B-158 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-158 - Insured or guaranteed loans.

 54B-158. Insured or guaranteed loans.An association may make insured or guaranteed loans in accordance with the provisions of G.S. 53C-5-3.  (1981, c. 282, s. 3; 2012-56, s. 41.)
NC Gen Stat § 54B-159 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-159 - Purchase of loans.

 54B-159. Purchase of loans.An association may invest any funds on hand in the purchase of loans of a type which the association could make in accordance with the provisions of this Chapter. (1981, c. 282, s. 3.)
NC Gen Stat § 54B-160 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-160 - Participation in loans.

 54B-160. Participation in loans.An association may invest in a participating interest in loans of a type which the association would be authorized to originate. (1981, c. 282, s. 3; 1981 (Reg. Sess., 1982), c. 1238, s. 15.)
NC Gen Stat § 54B-161 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-161 - Sale of loans.

 54B-161. Sale of loans.An association may sell any loan, including any participating interest in a loan. (1981, c. 282, s. 3; 1981 (Reg. Sess., 1982), c. 1238, s. 16.)
NC Gen Stat § 54B-162 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-162 - Power to borrow money.

 54B-162. Power to borrow money.An association, in its certificate of incorporation or in its bylaws, may authorize the board of directors to borrow money and the board of directors may by resolution adopted by a vote of at least two thirds of the entire board duly recorded in the minutes may authorize the officers of the association to borrow money for the association on such terms and conditions as it may deem proper. (1981, c. 282, s. 3; 1981 (Reg. Sess., 1982), c. 1238, s. 17.)
NC Gen Stat § 54B-163 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-163 - Methods of loan repayment.

 54B-163. Methods of loan repayment.Subject to such rules and regulations as the Commissioner of Banks may prescribe, an association shall agree in writing with borrowers as to the method or plan by which an indebtedness shall be repaid. (1981, c. 282, s. 3; 2001-193, s. 16.)
NC Gen Stat § 54B-164 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-164 - Loans to one borrower.

 54B-164. Loans to one borrower.(a) The aggregate amount of mortgage loans outstanding granted by an association to any one borrower shall not exceed ten percent (10%) of the net withdrawal value of such association's withdrawable accounts or an amount equal to the total net worth of such association, whichever amount is less.(b) Notwithstanding any other provision of law, in order to protect the public, including members, depositors, and stockholders of a State association, the Commissioner of Banks may establish limits on loans to any one borrower if he finds that a State association is operating with unsafe and unsound lending practices. The Commissioner of Banks shall promulgate rules and regulations to govern the establishment of the limits authorized by this section. (1981, c. 282, s. 3; 1985, c. 659, s. 14; 2001-193, s. 16.)
NC Gen Stat § 54B-165 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-165 - Professional services.

 54B-165. Professional services.(a) A State association or service corporation thereof must notify borrowers prior to the loan commitment of their right to select the attorney or law firm rendering legal services in connection with the loan, and the person or organization rendering insurance services in connection with the loan. Such persons or organizations must be approved by the association's board of directors, pursuant to such rules and regulations as the Commissioner of Banks may prescribe.(b) A State association or service corporation thereof may require borrowers to reimburse such association for legal services rendered to it by its own attorney only when the fee is limited to legal services required by the making of such loan. (1981, c. 282, s. 3; 2001-193, s. 16.)
NC Gen Stat § 54B-166 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-166 - Nonconforming investments.

 54B-166. Nonconforming investments.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.)
NC Gen Stat § 54B-167 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 7 - Loans.|§ 54B-167 - Scope of Article.

 54B-167. Scope of Article.Nothing in this Article shall be construed to modify Chapter 24 of the General Statutes, or other applicable law, or to allow fees, charges, or interest beyond that permitted by Chapter 24 or other applicable law. (1981, c. 282, s. 3.)
NC Gen Stat § 54B-180 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 8 - Other Investments.|§ 54B-180 - Other investments.

 54B-180. Other investments.In addition to the loans and investments permitted under Article 7 of this Chapter, the assets of a State association in excess of the demands of its members or customers may be invested subject to the approval of the board of directors only as described under the provisions of this Article. (1981, c. 282, s. 3.)
NC Gen Stat § 54B-181 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 8 - Other Investments.|§ 54B-181 - Business property of a State association.

 54B-181. Business property of a State association.A State association may invest in real property and equipment necessary for the conduct of its business and in real property to be held for its future use. Such association may invest in an office building or buildings, and appurtenances for the purpose of the transaction of such association's business or for rental. No such investment may be made without the prior written approval of the Commissioner of Banks if the total amount of such investments exceeds the association's net worth. (1981, c. 282, s. 3; 2001-193, s. 16.)
NC Gen Stat § 54B-182 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 8 - Other Investments.|§ 54B-182 - United States obligations.

 54B-182. United States obligations.A State association may invest in any obligation issued and fully guaranteed in principal and interest by the United States government or any instrumentality thereof. (1981, c. 282, s. 3.)
NC Gen Stat § 54B-183 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 8 - Other Investments.|§ 54B-183 - North Carolina obligations.

 54B-183. North Carolina obligations.A State association may invest in any obligation issued and fully guaranteed in principal and interest by the State of North Carolina or any instrumentality thereof. (1981, c. 282, s. 3.)
NC Gen Stat § 54B-184 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 8 - Other Investments.|§ 54B-184 - Federal Home Loan Bank obligations.

 54B-184. Federal Home Loan Bank obligations.A State association may invest in the stock of the Federal Home Loan Bank of which such association is a member, and in bonds or other evidences of indebtedness or obligation of any Federal Home Loan Bank. (1981, c. 282, s. 3.)
NC Gen Stat § 54B-185 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 8 - Other Investments.|§ 54B-185 - Deposits in banks.

 54B-185. Deposits in banks.A State association may invest in certificates of deposit, time insured deposits, savings accounts, or demand deposits of such banks as are approved by the board of directors of the association. (1981, c. 282, s. 3.)
NC Gen Stat § 54B-186 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 8 - Other Investments.|§ 54B-186 - Deposits in other associations.

 54B-186. Deposits in other associations.A State association may invest in withdrawable accounts of any association as approved by the board of directors. (1981, c. 282, s. 3; 1981 (Reg. Sess., 1982), c. 1238, s. 18.)
NC Gen Stat § 54B-187 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 8 - Other Investments.|§ 54B-187 - Fannie Mae obligations.

 54B-187. Fannie Mae obligations.A State association may invest in stock or other evidences of indebtedness or obligations of Fannie Mae, or any successor thereto. (1981, c. 282, s. 3; 2001-487, s. 14(d).)
NC Gen Stat § 54B-188 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 8 - Other Investments.|§ 54B-188 - Municipal and county obligations.

 54B-188. Municipal and county obligations.A State association may invest in bonds or other evidences of indebtedness which are direct general obligations of any county, city, town, village, school district, sanitation or park district, or other political subdivision or municipal corporation of this State; or in bonds or other evidences of indebtedness which are payable from revenues or earnings specifically pledged therefor, which are issued by the county or an adjoining county or a political subdivision or municipal corporation of a county in this State. (1981, c. 282, s. 3.)
NC Gen Stat § 54B-189 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 8 - Other Investments.|§ 54B-189 - Stock in education agency.

 54B-189. Stock in education agency.A State association may invest in stock or obligations of any corporation doing business in this State, or of any agency of this State or of the United States, where the principal business of such corporation or agency is to make loans for the financing of a college or university education, or education at a community college in this State. (1981, c. 282, s. 3; 1987, c. 564, s. 14.)
NC Gen Stat § 54B-190 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 8 - Other Investments.|§ 54B-190 - Industrial development corporation stock.

 54B-190. Industrial development corporation stock.A State association may invest in stock or other evidence of indebtedness or obligations of business or industrial development corporations chartered by this State or by the United States. (1981, c. 282, s. 3.)
NC Gen Stat § 54B-191 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 8 - Other Investments.|§ 54B-191 - Urban renewal investment corporation stock.

 54B-191. Urban renewal investment corporation stock.A State association may invest in stock or other evidence of indebtedness or obligations of an urban renewal investment corporation chartered under the laws of this State or of the United States. (1981, c. 282, s. 3.)