reglab/housing_qa huggingface dataset:
NC Gen Stat § 54B-41 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 3 - Fundamental Changes.|§ 54B-41 - Voluntary dissolution by stockholders or members.

 54B-41. Voluntary dissolution by stockholders or members.At any annual or special meeting called for such purpose, an association may, by an affirmative vote in person or by proxy of at least two thirds of the total number of shares or votes which all members or stockholders of the association are entitled to cast, resolve to dissolve and liquidate the association and adopt a plan of voluntary dissolution. Upon adoption of such resolution and plan of voluntary dissolution, the members or stockholders shall proceed to elect not more than three liquidators who shall post bond as required by the Commissioner of Banks. The liquidators shall have full power to execute the plan; and the procedure thereafter shall be as follows:(1) A copy of the resolution certified by the president or secretary of the association, together with the minutes of the meeting of members or stockholders, the plan of liquidation, and an itemized statement of the association's assets and liabilities sworn to by a majority of its board of directors, shall be filed with the Commissioner of Banks. The minutes of the meeting of members or stockholders shall be certified by the president or secretary of the association, and shall set forth the notice given and the time of mailing thereof, the vote on the resolution and the total number of shares or votes which all members of the association were entitled to cast thereon, and the names of the liquidators elected.(2) If the Commissioner of Banks finds that the proceedings are in accordance with the provisions of this Chapter, and that the plan of liquidation is not unfair to any person affected, he shall attach his certificate of approval to the plan and shall forward one copy to the liquidators and one copy to the association's withdrawable account insurance corporation. Once the Commissioner of Banks has approved the resolution and the plan of liquidation it shall thereafter be unlawful for such association to accept any additional withdrawable accounts or additions to withdrawable accounts or make any additional loans, but all its income and receipts in excess of actual expenses of liquidation of the association shall be applied to the discharge of its liabilities.(3) The liquidator or liquidators so appointed shall be paid a reasonable compensation by the liquidating association subject to the approval of the Commissioner of Banks.(4) The plan shall become effective upon the recording of the Commissioner of Banks' certificate of approval in the manner required by this Chapter for the recording of the certificate of incorporation.(5) The liquidation of the association shall be subject to the supervision and examination of the Commissioner of Banks. (1981, c. 282, s. 3; 2001-193, s. 16.)
NC Gen Stat § 54B-42 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 3 - Fundamental Changes.|§ 54B-42 - Rules, regulations and reports of voluntary dissolution.

 54B-42. Rules, regulations and reports of voluntary dissolution.(a) The Commissioner of Banks shall promulgate rules and regulations governing the dissolution and liquidation of State associations. These rules and regulations shall include, but not be limited to, provisions with respect to:(1) The protection and liquidation of assets;(2) The plan of liquidation;(3) Notice to file claims;(4) Claims of members;(5) Payments of claims and distribution; and(6) Final distribution and liquidation.(b) Upon completion of liquidation, the liquidators shall file with the Commissioner of Banks a final report and accounting of the liquidation. The approval of the report by the Commissioner of Banks shall operate as a complete and final discharge of the liquidators, the board of directors, and each member or stockholder in connection with the liquidation of such association. Upon approval of the report, the Commissioner of Banks shall issue a certificate of dissolution of the association and shall record same in the manner required by this Chapter for the recording of certificates of incorporation; and upon such recording, the dissolution shall be effective. (1981, c. 282, s. 3; 2001-193, s. 16.)
NC Gen Stat § 54B-43 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 3 - Fundamental Changes.|§ 54B-43 - Stock dividends.

 54B-43. Stock dividends.No dividend on stock shall be paid unless the association has the prior written approval of the Commissioner of Banks. (1981, c. 282, s. 3; 1983, c. 144, s. 7; 1989, c. 76, s. 9; 2001-193, s. 16.)
NC Gen Stat § 54B-44 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 3 - Fundamental Changes.|§ 54B-44 - Supervisory mergers, consolidations, conversions, and combination mergers and conversions.

 54B-44. Supervisory mergers, consolidations, conversions, and combination mergers and conversions.(a) Notwithstanding any other provision of this Chapter, in order to protect the public, including members, depositors and stockholders of a State association, the Commissioner of Banks, upon making a finding that a State association is unable to operate in a safe and sound manner, may authorize or require a short form merger, consolidation, conversion, or combination merger and conversion of the State association, or any other transaction, as to which the finding is made.(b) The Commissioner of Banks shall promulgate rules and regulations to govern supervisory mergers, consolidations, conversions, and combination mergers and conversions authorized by this section. (1981, c. 670, s. 2; 1981 (Reg. Sess., 1982), c. 1238, s. 11; 1985, c. 659, s. 18; 1985 (Reg. Sess., 1986), c. 948, s. 2; 2001-193, s. 16.)
NC Gen Stat § 54B-45 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 3 - Fundamental Changes.|§ 54B-45 - Interim associations.

 54B-45. Interim associations.(a) Article 2 of this Chapter shall not apply to applications for permission to organize an interim State association so long as the application is approved by the Commissioner of Banks.(b) Preliminary approval of an application for permission to organize an interim State association shall be conditional upon the Commissioner of Banks' approval of an application to merge the interim association and an existing stock association or on the Commissioner of Banks' approval of any other transaction.(c) The Commissioner of Banks shall promulgate rules and regulations to govern the formation of interim associations authorized by this section. (1985, c. 659, s. 9(b); 2001-193, s. 16.)
NC Gen Stat § 54B-47 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 3 - Fundamental Changes.|§ 54B-47 - Merger of banks and associations.

 54B-47. Merger of banks and associations.(a) Any State association, upon a majority vote of its board of directors, may apply to the Commissioner of Banks for permission to merge with any bank, as defined in G.S. 53C-1-4(4).(b) The State association shall submit a plan of merger as a part of the application to the Commissioner of Banks. The Commissioner of Banks may recommend approval of the plan of merger with or without amendment.If he approves the plan, then the plan shall be submitted to the stockholders or members as provided in the next subsection. If he refuses to approve the plan, he shall state his objections in writing and give the merging association an opportunity to amend the plan to obviate such objections or to appeal his decision to the commission.(c) After lawful notice to the stockholders or members of the association and full and fair disclosure, the substance of the plan must be approved by a majority of the total votes which stockholders or members of the association are eligible and entitled to cast. Such a vote by the stockholders or members may be in person or by proxy. Following the vote of the stockholders or members, the results of the vote certified by an appropriate officer of the association shall be filed with the Commissioner of Banks. The Commissioner of Banks shall then either approve or disapprove the requested merger.(d) The Commissioner of Banks may promulgate such rules and regulations as may be necessary to govern such mergers.  (1991, c. 707, s. 7; 2001-193, s. 16; 2012-56, s. 39.)
NC Gen Stat § 54B-48.1 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 3A - North Carolina Regional Reciprocal Savings and Loan Acquisition Act.|§ 54B-48.1 - Title.

 54B-48.1. Title.This Article shall be known and may be cited as the North Carolina Regional Reciprocal Savings and Loan Acquisition Act. (1983 (Reg. Sess., 1984), c. 1087, s. 1.)
NC Gen Stat § 54B-48.4 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 3A - North Carolina Regional Reciprocal Savings and Loan Acquisition Act.|§ 54B-48.4 - Exceptions.

 54B-48.4. Exceptions.A North Carolina savings and loan holding company, a North Carolina association, a Southern Region savings and loan holding company, or a Southern Region association may acquire or control, and shall not cease to be a North Carolina savings and loan holding company, a North Carolina association, a Southern Region savings and loan holding company, or a Southern Region association, as the case may be, by virtue of its acquisition or control of:(1) An association having branch offices in a state not within the region, if such association has been acquired pursuant to the provisions of Section 123 of the Garn-St. Germain Depository Institutions Act of 1982 (12 U.S.C. 1730a(m)), or comparable provisions of state law;(2) An association which is not a Southern Region association if such association has been acquired in the regular course of securing or collecting a debt previously contracted in good faith, and if the association or savings and loan holding company divests the securities or assets acquired within two years of the date of acquisition. A North Carolina association, a North Carolina savings and loan holding company, or a Southern Region association may retain these interests for up to three additional periods of one year if the Commissioner of Banks determines that the required divestiture would create undue financial difficulties for that association or savings and loan holding company. (1983 (Reg. Sess., 1984), c. 1087, s. 1; 2001-193, s. 16.)
NC Gen Stat § 54B-48.5 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 3A - North Carolina Regional Reciprocal Savings and Loan Acquisition Act.|§ 54B-48.5 - Prohibitions.

 54B-48.5. Prohibitions.(a) Except as may be expressly permitted by federal law, no savings and loan holding company that is not either a North Carolina savings and loan holding company or a Southern Region savings and loan holding company shall acquire a North Carolina savings and loan holding company or a North Carolina association.(b) Except as required by federal law, a North Carolina savings and loan holding company or a Southern Region savings and loan holding company that ceases to be a North Carolina savings and loan holding company or a Southern Region savings and loan holding company shall as soon as practicable and, in all events, within one year after such event divest itself of control of all North Carolina savings and loan holding companies and all North Carolina associations: Provided, however, that such divestiture shall not be required if the North Carolina savings and loan holding company or the Southern Region savings and loan holding company ceases to be a North Carolina savings and loan holding company or a Southern Region savings and loan holding company, as the case may be, because of an increase in the deposits held by association subsidiaries not located within the region and if such increase is not the result of the acquisition of an association or savings and loan holding company. Provided further that nothing in this Article shall be construed to permit interstate branching by associations nor to require the divestiture of a North Carolina association or a North Carolina savings and loan holding company by a savings and loan holding company which acquired its subsidiary North Carolina association or North Carolina savings and loan holding company prior to the effective date of this Article. Nor shall anything in this Article be construed to prohibit any savings and loan holding company which has acquired a North Carolina association or North Carolina savings and loan holding company prior to the effective date of this Article from acquiring additional North Carolina associations or North Carolina savings and loan holding companies. Nor shall anything in this Article be construed to limit the authority of the Commissioner of Banks pursuant to G.S. 54B-44. (1983 (Reg. Sess., 1984), c. 1087, s. 1; 2001-193, s. 16.)
NC Gen Stat § 54B-48.6 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 3A - North Carolina Regional Reciprocal Savings and Loan Acquisition Act.|§ 54B-48.6 - Applicable laws, rules and regulations.

 54B-48.6. Applicable laws, rules and regulations.(a) Any North Carolina association that is controlled by a savings and loan holding company that is not a North Carolina savings and loan holding company shall be subject to all laws of this State and all rules and regulations under such laws that are applicable to North Carolina associations that are controlled by North Carolina savings and loan holding companies.(b) The Commissioner of Banks may promulgate rules, including the imposition of a reasonable application and administration fee, to implement and effectuate the provisions of this Article. (1983 (Reg. Sess., 1984), c. 1087, s. 1; 2001-193, s. 16.)
NC Gen Stat § 54B-48.7 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 3A - North Carolina Regional Reciprocal Savings and Loan Acquisition Act.|§ 54B-48.7 - Appeal of Commissioner of Banks' decision.

 54B-48.7. Appeal of Commissioner of Banks' decision.Notwithstanding any other provision of law, any aggrieved party in a proceeding under G.S. 54B-48.3 or G.S. 54B-48.4(2) may, within 30 days after final decision of the Commissioner of Banks and by written notice to the Commissioner of Banks, appeal directly to the North Carolina Court of Appeals for judicial review on the record. In the event of an appeal, the Commissioner of Banks shall certify the record to the Clerk of the Court of Appeals within 30 days after filing of the appeal. (1983 (Reg. Sess., 1984), c. 1087, s. 1; 2001-193, s. 16.)
NC Gen Stat § 54B-48.8 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 3A - North Carolina Regional Reciprocal Savings and Loan Acquisition Act.|§ 54B-48.8 - Periodic reports; interstate agreements.

 54B-48.8. Periodic reports; interstate agreements.(a) The Commissioner of Banks may from time to time require reports under oath in such scope and detail as he may reasonably determine of each Southern Region savings and loan holding company or Southern Region association subject to this Article for the purpose of assuring continuing compliance with the provisions of this Article.(b) The Commissioner of Banks may enter into cooperative agreements with other savings and loan regulatory authorities for the periodic examination of any Southern Region savings and loan holding company or Southern Region association that has a North Carolina association subsidiary and may accept reports of examination and other records from such authorities in lieu of conducting its own examinations. The Commissioner of Banks may enter into joint actions with other savings and loan regulatory authorities having concurrent jurisdiction over any Southern Region savings and loan holding company or Southern Region association that has a North Carolina association subsidiary or may take such actions independently to carry out his responsibilities under this Chapter and assure compliance with the provisions of this Article and the applicable laws of this State. (1983 (Reg. Sess., 1984), c. 1087, s. 1; 2001-193, s. 16.)
NC Gen Stat § 54B-48.9 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 3A - North Carolina Regional Reciprocal Savings and Loan Acquisition Act.|§ 54B-48.9 - Enforcement.

 54B-48.9. Enforcement.The Commissioner of Banks shall have the power to enforce the provisions of this Article, including the divestiture requirement of G.S. 54B-48.5(b), through an action in any court of this State or any other state or in any court of the United States for the purpose of obtaining an appropriate remedy for violation of any provision of this Article, including such criminal penalties as are contemplated by G.S. 54B-66. (1983 (Reg. Sess., 1984), c. 1087, s. 1; 2001-193, s. 16.)
NC Gen Stat § 54B-52 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 4 - Supervision and Regulation.|§ 54B-52 - Commissioner of Banks.

 54B-52. Commissioner of Banks.The Commissioner of Banks of the State is hereby empowered and directed to perform all the duties and exercise all the powers as to savings and loan associations organized or operated under this Chapter, unless herein otherwise provided. (1981, c. 282, s. 3; 1989, c. 76, s. 16; 2001-193, s. 16.)
NC Gen Stat § 54B-54 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 4 - Supervision and Regulation.|§ 54B-54 - Deputy commissioner of Savings Institutions Division.

 54B-54. Deputy commissioner of Savings Institutions Division.There shall be a deputy commissioner of the Savings Institutions Division as appointed by the Commissioner in G.S. 53C-2-2. The deputy commissioner authorized by this section shall perform any duties and exercise any powers directed by the Commissioner.  (1981, c. 282, s. 3; 1989, c. 76, s. 18; 2001-193, s. 5; 2012-56, s. 40.)
NC Gen Stat § 54B-55 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 4 - Supervision and Regulation.|§ 54B-55 - Power of Commissioner of Banks to promulgate rules and regulations; reproduction of records.

 54B-55. Power of Commissioner of Banks to promulgate rules and regulations; reproduction of records.(a) The Commissioner of Banks shall have the right, and is empowered, to promulgate rules, instructions and regulations as may be necessary to the discharge of his duties and powers as to savings and loan associations for the supervision and regulation of said associations, and for the protection of the public investing in said savings and loan associations.(b) Without limiting the generality of the foregoing paragraph, rules, instructions, and regulations may be promulgated with respect to:(1) Reserve requirements;(2) Stock ownership and dividends;(3) Stock transfers;(4) Incorporators, stockholders, directors, officers and employees of an association;(5) Bylaws;(6) Repealed by Session Laws 2001-193, s. 3.(7) The structure of the office of the Commissioner of Banks;(8) The operation of associations;(9) Withdrawable accounts, bonus plans, and contracts for savings programs;(10) Loans and loan expenses;(11) Investments;(12) Forms and definitions;(13) Types of financial records to be maintained by associations;(14) Retention periods of various financial records;(15) Internal control procedures of associations;(16) Conduct and management of associations;(17) Chartering and branching;(18) Liquidations;(19) Mergers;(20) Conversions;(21) Reports which may be required by the Commissioner of Banks;(22) Conflicts of interest;(23) Collection of State savings and loan taxes;(24) Service corporations; and(25) Savings and loan holding companies.(c) Repealed by Session Laws 1983, c. 144, s. 14.(d) Any association may cause any or all records by it to be recorded, copied or reproduced by any photographic, photostatic or miniature photographic process which correctly, accurately, permanently copies, reproduces or forms a medium for copying or reproducing the original record on a film or other durable material.(e) Any such photographic, photostatic or miniature photographic copy or reproduction shall be deemed to be an original record in all courts and administrative agencies for the purpose of its admissibility in evidence. A facsimile, exemplification or certified copy of any such photographic copy or reproduction shall, for all purposes, be deemed a facsimile, exemplification or certified copy of the original record.(f) The provisions of this section with reference to the retention and disposition of records shall apply to any federal savings and loan association operating in North Carolina unless in conflict with regulations prescribed by its supervisory authority. (1981, c. 282, s. 3; 1983, c. 144, s. 14; 1989, c. 76, s. 19; 2001-193, ss. 3, 16.)
NC Gen Stat § 54B-56 (2021)
2021 North Carolina General Statutes|Chapter 54B - Savings and Loan Associations|Article 4 - Supervision and Regulation.|§ 54B-56 - Examinations by Commissioner of Banks; report.

 54B-56. Examinations by Commissioner of Banks; report.(a) If at any time the Commissioner of Banks deems it prudent, it shall be his duty to examine and investigate everything relating to the business of a State association or a savings and loan holding company, and to appoint a suitable and competent person to make such investigation, who shall file with the Commissioner of Banks a full report of his finding in such case, including in his report any violation of law or any unauthorized or unsafe practices of the association disclosed by his examination.(b) The Commissioner of Banks shall furnish a copy of the report to the association examined and may, upon request, furnish a copy of or excerpts from the report to the appropriate federal regulatory authorities.(c) No association may willfully delay or willfully obstruct an examination in any fashion. Any person failing to comply with this subsection shall be guilty of a Class 1 misdemeanor.(d) No person having in his possession or control any books, accounts or papers of any State association shall refuse to exhibit same to the Commissioner of Banks or his agents on demand, or shall knowingly or willingly make any false statement in regard to the same. Any person failing to comply with this subsection shall be guilty of a Class 1 misdemeanor. (1981, c. 282, s. 3; 1989 (Reg. Sess., 1990), c. 806, s. 5; 1993, c. 539, ss. 431, 432; 1994, Ex. Sess., c. 24, s. 14(c); 2001-193, s. 16.)