reglab/statecodes huggingface dataset:
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .0800 - MISCELLANEOUS REPORTS AND APPROVALS › Section 03C .0902 - REQUIRED ACCOUNTS

Current through Register Vol. 39, No. 2, July 15, 2024
To ensure that the books and records of the bank properly
					 reflect all of its liabilities, the following reserve accounts shall be set up
					 and maintained by all banks:
(1)
				  Reserve for Interest Due Depositors. This reserve shall be set up and proper
				  entries made at least once each month. As interest is paid to depositors,
				  payments shall be charged to this account. Each month, as credits are made to
				  this reserve, the amount shall be charged to interest paid to depositors'
				  accounts.
(2) Reserve for Unearned
				  Interest on Loans. All interest collected on notes shall be credited to this
				  account on the day it is collected. At least once each month, earned interest
				  shall be computed, charged to this account, and credited to earned interest
				  account. This Subparagraph shall not apply to loans where interest is accounted
				  for through an income-earned-not-collected account.
(3) Bond Income Earned; Not Collected. At
				  least once each month, the income on bonds earned during the month shall be
				  charged to this account and credited to the bond income account. As coupons are
				  collected, they shall be credited to this account.
Authority
					 G.S.
					 53C-8-1;
					 53C-8-6;
Eff.
					 February 1, 1976;
Amended Eff. October 1, 2014; September 1,
					 1990;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 3,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .0800 - MISCELLANEOUS REPORTS AND APPROVALS › Section 03C .0904 - LETTERS OF CREDIT

Current through Register Vol. 39, No. 2, July 15, 2024
The bank shall maintain supporting records on all letters
					 of credit issued and outstanding, except for letters of credit sold for cash,
					 and shall show the following information:
(1) the name of the account party for whom
				  the letter of credit is established;
(2) the name of the beneficiary;
(3) the amount;
(4) the expiration date; and
(5) the terms under which payment is
				  authorized.
Authority
					 53C-8-1;
Eff. April 21, 1979;
Amended Eff. October 1,
					 2014;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 3,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .0800 - MISCELLANEOUS REPORTS AND APPROVALS › Section 03C .0905 - INVESTMENT AUTHORITY

Current through Register Vol. 39, No. 2, July 15, 2024
A bank may invest in mutual funds to the same extent and
					 within the same limitation as permitted for national banks by statute,
					 regulation, or interpretation of the applicable federal regulator, as reflected
					 in the U.S. Office of the Comptroller of Currency "Investment Securities:
					 Comptroller's Handbook" (Section 203) or their written interpretations that is
					 hereby incorporated by reference and shall include any later amendments and
					 editions of the referenced material. This information may be obtained from the
					 Office of the Comptroller of Currency website at
http://www.occ.gov/publications/publications-by-type/comptrollers-handbook/investsecurities1.pdf
at no cost at the time of adoption of this Rule.
Authority
					 G.S.
					 53C-5-2;
Eff. October 1,
					 2014;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 3,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1000 - LOAN ADMINISTRATION AND LEASING › Section 03C .1001 - LOAN DOCUMENTATION

Current through Register Vol. 39, No. 2, July 15, 2024
(a) Each bank shall
				  establish and maintain loan documentation practices that include the following:
(1) enable the institution to make an
				  informed lending decision and to assess risk, as necessary on an ongoing
				  basis;
(2) identify the purpose of
				  a loan and the source of repayment, and assess the ability of the borrower to
				  repay the indebtedness in a timely manner;
(3) ensure that any claim against a borrower
				  is legally enforceable;
(4)
				  demonstrate appropriate administration and monitoring of a loan; and
(5) take account of the size and complexity
				  of a loan.
Loan documentation practices shall comply with the
					 requirements of the Interagency Guidelines Establishing Standards for Safety
					 and Soundness, 12 C.F.R. Part 364 Appendix A, as applied by the Federal Deposit
					 Insurance Corporation or the Federal Reserve System, which are hereby
					 incorporated by reference including subsequent amendments or additions. This
					 information is available at
https://www.ecfr.gov/
at no cost.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1100 - CAPITAL › Section 03C .1101-.1102

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-1;
					 53-43.4;
					 53-92;
					 53-104;
Eff. February
					 1, 1976;
Amended Eff. June 1, 1995; September 26, 1979;
Repealed Eff. April 1, 2007.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1100 - CAPITAL › Section 03C .1103-1105

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-1(3)d;
					 53-2(4);
					 53-42;
					 53-104;
Eff. May 1,
					 1992;
Repealed Eff. January 1,
					 2013.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1200 - DEPOSITS › Section 03C .1201-.1202

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-43.6;
					 53-92;
					 53-104;
Eff. February
					 1, 1976;
Repealed Eff. January 1,
					 2013.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1300 - BANK PERSONNEL › Section 03C .1301 - REPEALED - ANNUAL VACATION

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-104;
Eff. February
					 1, 1976;
Amended Eff. June 1, 1995; October 1, 1990;
Repealed Eff. April 1, 2007.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1300 - BANK PERSONNEL › Section 03C .1302 - REPEALED - SHARE PURCHASE AND OPTION PLANS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-10;
					 53-43;
					 53-43.3;
					 53-104;
Eff. February
					 1, 1976;
Amended Eff. October 1, 2011; June 1, 1995; July 1,
					 1990;
Repealed Eff. January 1,
					 2013.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1300 - BANK PERSONNEL › Section 03C .1303 - REPEALED - INSIDER TRANSACTIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-95;
					 53-104;
					 53-106;
					 53-110;
Eff. April 21,
					 1979;
Repealed Eff. January 1,
					 1984.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1400 - LEGAL RESERVE › Section 03C .1401 - REQUIREMENT OF RESERVE FUND

Current through Register Vol. 39, No. 2, July 15, 2024
(a) The amount of
				  the reserve fund which shall be established and maintained shall at all times
				  equal the reserves required by the Federal Reserve System for non-member
				  banks.
(b) In the event the
				  reservable liabilities of any bank are such that no reserve is required of that
				  bank by the Federal Reserve System, such bank shall maintain a reserve fund
				  equal to three percent of its total deposits of every kind which are not
				  secured by a deposit of bonds, notes, bills, and certificates of indebtedness
				  of the United States, or agency thereof, or other obligations guaranteed by the
				  United States Government, or the bond obligations of the State of North
				  Carolina, its counties, municipalities, and other political subdivisions
				  thereof.
Authority
					 G.S.
					 53C-4-11;
Eff. February 1,
					 1976;
Amended Eff. July 1, 1990; August 6, 1981;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 3,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1400 - LEGAL RESERVE › Section 03C .1402 - BASIS FOR COMPUTATION AND MAINTENANCE

Current through Register Vol. 39, No. 2, July 15, 2024
Required reserves shall be computed on the basis of the
					 daily average deposit balance during a 14-day period ending every second Monday
					 (the "computation period"). The method for determining the amount of reserve
					 required is set forth in Rule .1401 of this Section. The reserves that are
					 required to be maintained shall be maintained during a corresponding 14-day
					 period (the "maintenance period") that begins on the second Thursday following
					 the end of a given computation period and ends on the second Wednesday
					 thereafter. For non-business days, deposit figures of the prior banking day
					 shall be used.
Authority
					 53C-4-11;
Eff. February 1, 1976;
Amended Eff. October
					 1, 2014; July 1, 1990; August 6, 1981;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 3,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1400 - LEGAL RESERVE › Section 03C .1403 - REPEALED - RESERVE FUND DEFINED

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-51;
					 53-92;
					 53-104;
Eff. September
					 26, 1979;
Amended Eff. August 6, 1981;
Repealed Eff.
					 January 1, 2013.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1500 - AUTOMATION AND DATA PROCESSING › Section 03C .1501-.1502

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-62;
					 53-92;
					 53-104;
Eff. February
					 1, 1976;
Amended Eff. May 1, 1992; September 1, 1990;
Repealed Eff. April 1, 2001.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1600 - FEES › Section 03C .1601 - FEES, COPIES AND PUBLICATION COSTS

Current through Register Vol. 39, No. 2, July 15, 2024
(a) For
				  applications, petitions, and other proceedings to be filed with the
				  Commissioner of Banks, the following fees shall be paid to the Commissioner of
				  Banks at the time of filing:
(1) Application for the Formation of a New Bank or
								State Trust Institution
$8,000.00
(2) Application to Merge or Consolidate Banks,
								State Trust Institutions, or Bank Holding Companies (fee is per
								institution)
$5,000.00
(3) Application for Reorganization Into a Bank
								Holding Company Through an Interim Bank (fee is per bank)
$3,000.00
(4) Application for Bank or Bank Holding Company
								Change in Control
$5,000.00
(5) Application for Conversion of a National Bank
								to State Charter
$2,500.00
(6) Application for Voluntary
								Liquidation
$3,000.00
(7) Application for Conversion of a Savings and
								Loan Association or a Savings
$2,500.00
Bank to a State Bank
(b) The fees set forth in Paragraph (a) of
				  this Rule are for standard applications, petitions, and other proceedings filed
				  and considered in the ordinary course of business. Any application, petition,
				  or other proceeding that in the opinion of the Commissioner of Banks requires
				  extraordinary review, investigation, or special examination shall be subject to
				  the actual costs of additional expenses and the hourly rate for the staff's
				  time to be determined annually by the Banking Commission. The Commissioner of
				  Banks shall advise an applicant or petitioner in advance of any additional work
				  required and the hourly rate for the same. The hourly rate shall be:
(1) For Senior Administrative staff
$75.00
(2) For Senior Examination Staff
$50.00
(3) For Financial Program Manager
$35.00
(4) For Financial Examiner
$25.00
(c) Unless otherwise stated, publications
				  externally printed may be obtained at a cost equal to the actual cost of
				  printing plus shipping and handling. All other publications or public record
				  copies are available at the "actual cost" as defined in
				  G.S.
				  132-6.2(b) for making the
				  copy and mailing cost if applicable. The Office of the Commissioner of Banks
				  shall provide its "actual cost" on the agency's website.
Authority
					 G.S.
					 53C-3-1;
					 53C-5-2;
					 53C-7-101;
					 53C-7-201;
					 53C-7-207;
					 53C-7-301;
					 53C-10-102;
					 53C-10-103;
					 53C-10-201;
					 54B-34.2;
					 54C-47;
Eff. July 1,
					 1990;
Amended Eff. October 1, 2014; June 1, 2004; June 1, 1995; May
					 1, 1992; July 1, 1991;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 3,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1700 - NON-BRANCH BANK BUSINESS OFFICE › Section 03C .1701 - REPEALED - DEFINITIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-104;
					 53-115;
					 53-127;
Eff. June 1,
					 1995;
Repealed Eff. January 1,
					 2013.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1700 - NON-BRANCH BANK BUSINESS OFFICE › Section 03C .1702 - ESTABLISHMENT OF A NON-BRANCH BANK BUSINESS OFFICE (NBBO)

Current through Register Vol. 39, No. 2, July 15, 2024
(a) A bank may establish or relocate a NBBO
				  as defined in
				  G.S.
				  53C-1-4(46) upon giving
				  written notice to the Commissioner of Banks. The notice shall acknowledge:
(1) The NBBO may be used to solicit loans,
				  assemble credit information, make property inspections and appraisals, complete
				  loan applications, perform preliminary paper work in preparation for the making
				  of loans, and provide banking related services and products, other than the
				  taking of deposits;
(2) Loans may
				  not be approved and loan proceeds may not be disbursed through the
				  NBBO;
(3) The NBBO may not be used
				  to accept deposits; and
(4) The
				  NBBO may be inspected by the Commissioner of Banks for compliance with the
				  written notice, and the cost of the inspection shall be borne by the
				  bank.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1700 - NON-BRANCH BANK BUSINESS OFFICE › Section 03C .1703-.1704

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-104;
					 53-115;
					 53-127;
Eff. June 1,
					 1995;
Repealed Eff. January 1,
					 2013.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1800 - COURIER SERVICE › Section 03C .1801 - ESTABLISHMENT OF COURIER SERVICES

Current through Register Vol. 39, No. 2, July 15, 2024
A bank may provide a courier or messenger service to its
					 customers only if:
(1) the bank
				  complies with the requirements imposed by the Private Protective Services Act
				  G.S.
				  74C-1. Et. Seq.; and
(2) a written agreement between the bank and
				  the customers contains the following:
(a) a
				  statement that the courier is the agent of the customer and not the agent of
				  the bank;
(b) a statement that
				  deposits collected by the courier or messenger are received by the bank when
				  the deposits have been delivered to a teller at the bank's premises or a
				  location that is eligible and designated by the bank to receive
				  deposits;
(c) a statement that
				  negotiable instruments collected by the courier or messenger are paid at the
				  bank when delivered to the courier or messenger; and
(d) an acknowledgment by the customer that
				  transactions conducted by a courier service are not insured by the
				  FDIC.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter C - BANKS › Section .1800 - COURIER SERVICE › Section 03C .1802 - REPEALED - COMPLIANCE AND DISCLOSURE REQUIREMENTS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53C-5-1;
					 53C-8-1;
Eff. June 1,
					 1995;
Repealed Eff. October 1,
					 2014.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter D - SUPERVISION OF STATE TRUST ENTITIES › Section .0100 - LICENSING › Section 03D .0101 - REPEALED - APPLICATION

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-160;
Eff. February
					 1, 1976.
Amended Eff. September 1, 2006;
Repealed Eff.
					 October 1, 2012 pursuant to
					 G.S.
					 150B-21.7.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter D - SUPERVISION OF STATE TRUST ENTITIES › Section .0100 - LICENSING › Section 03D .0102-0104

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-160;
					 53-161;
					 53-162;
					 53-163;
					 150A-11(1);
Eff. February 1, 1976;
Repealed Eff. January 1,
					 1985.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter D - SUPERVISION OF STATE TRUST ENTITIES › Section .0100 - LICENSING › Section 03D .0105 - DEFINITIONS

Current through Register Vol. 39, No. 2, July 15, 2024
As used in this Subchapter:
(1) "Board of Directors" shall have the same
				  meaning as defined in
				  G.S.
				  53-301(a)(6a).
(2) "Collective investment fund" shall mean
				  any fund established pursuant to
				  12 C.F.R.
				  9.18, which is incorporated by reference in
				  Rule .0304 of this Subchapter.
(3)
				  "State trust entity" shall mean a "state bank" or "state trust company" as
				  defined in
				  G.S.
				  53-301(a)(43) and
				  (45).
(4) "Trust business" shall have the same
				  meaning as defined in
				  G.S.
				  53-301(a)(50).
Authority
					 G.S.
					 53-366;
					 53C-2-5;
Eff. April
					 1, 2015;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 3,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter D - SUPERVISION OF STATE TRUST ENTITIES › Section .0200 - REPORTS REQUIRED BY COMMISSIONER OF BANKS › Section 03D .0201 - REPORTS OF CONDITION OF STATE TRUST ENTITIES

Current through Register Vol. 39, No. 2, July 15, 2024
Each state trust entity, on a form or forms provided by the
					 Office of the Commissioner of Banks, shall submit reports of condition that
					 shall include information on operations, statutory and regulatory requirements,
					 supervisory standards, and assets under management. The form or forms shall be
					 obtained from and filed with:
Office of the Commissioner of Banks
316 West Edenton Street
4309 Mail Service Center
Raleigh, North Carolina 27699-4309.
Forms 29TC, 29A, and TARS© may be submitted electronically
					 at:
http://www.nccob.gov/Public/financialinstitutions/banks/banksff.aspx.
Authority
					 G.S.
					 53-366;
					 53-367;
					 53C-2-5;
					 53C-8-3;
Eff.
					 February 1, 1976;
Amended Eff. April 1, 2015; September 1, 2006;
					 September 26, 1979;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 3,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter D - SUPERVISION OF STATE TRUST ENTITIES › Section .0200 - REPORTS REQUIRED BY COMMISSIONER OF BANKS › Section 03D .0202 - REPEALED - REPORT OF TRUST DEPARTMENT

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-106;
Eff. February
					 1, 1976;
Amended Eff. September 1, 2006; September 26,
					 1979;
Repealed Eff. October 1, 2012 pursuant to
					 G.S.
					 150B-21.7.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter D - SUPERVISION OF STATE TRUST ENTITIES › Section .0300 - TRUST DEPARTMENT › Section 03D .0301 - REPEALED - DEFINITIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-104;
Eff. February
					 1, 1976;
Amended Eff. September 1, 1990;
Repealed Eff.
					 October 1, 2012 pursuant to
					 G.S.
					 150B-21.7.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter D - SUPERVISION OF STATE TRUST ENTITIES › Section .0300 - TRUST DEPARTMENT › Section 03D .0302 - ADMINISTRATION OF TRUST BUSINESS

Current through Register Vol. 39, No. 2, July 15, 2024
(a) A state
				  trust entity shall conduct its trust business separate and apart from any other
				  business it conducts. A state trust entity may, however, utilize personnel and
				  facilities of other departments of the state trust entity and other departments
				  of the state trust entity may utilize its trust personnel and facilities to the
				  extent not prohibited by law.
(b)
				  Board of Directors
(1) The trust business of
				  a state trust entity shall be managed by or under the direction of its board of
				  directors. In discharging this responsibility, the board of directors may
				  assign, by action duly entered in the minutes, the administration of the state
				  trust entity's trust business as it may consider proper to assign to such
				  director(s), officers(s), or employee(s), who are qualified and competent to
				  administer trust business, and it may designate and appoint such committees of
				  director(s) or officer(s) as it deems advisable to supervise the trust
				  business.
(2) No trust business
				  shall be accepted without the prior approval of the board of directors, or of
				  the director(s), officer(s), or committee(s) to whom the board of directors may
				  have designated the performance of that responsibility. A written record shall
				  be made of such acceptances and of the relinquishment or closing out of each
				  account. Upon the acceptance of an account for which the state trust entity has
				  investment responsibility, a review of the assets shall be made. The board of
				  directors shall also ensure that at least once during every calendar year
				  thereafter, and within 15 months of the last review, all the assets held in
				  each account that the state trust entity has investment responsibilities for
				  are reviewed to determine the advisability of retaining or disposing of such
				  assets.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter D - SUPERVISION OF STATE TRUST ENTITIES › Section .0300 - TRUST DEPARTMENT › Section 03D .0303 - BOOKS AND RECORDS

Current through Register Vol. 39, No. 2, July 15, 2024
Each state trust entity shall keep the following:
(1) a separate and distinct set of books and
				  records showing all receipts and disbursements of funds, receipts, purchases
				  and sales of assets, and other transactions engaged in, in connection with
				  trust business; and showing at all times the ownership of all moneys, funds,
				  investments and property in that connection held by the state trust
				  entity;
(2) files containing the
				  original instruments creating each trust or authenticated copies; and
(3) a permanent record of minutes for each
				  committee, showing its actions. All minutes shall be signed by the committee's
				  chairman and its secretary.
Authority
					 G.S.
					 53-366;
					 53-367;
					 53C-2-5;
					 53-320(a);
Eff. February 1, 1976;
Amended Eff. April 1, 2015; May 1, 1992;
					 September 26, 1979;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 3,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter D - SUPERVISION OF STATE TRUST ENTITIES › Section .0300 - TRUST DEPARTMENT › Section 03D .0304 - COLLECTIVE INVESTMENT

Current through Register Vol. 39, No. 2, July 15, 2024
(a) Funds held for
				  trust business accounts by a state trust entity may be invested collectively in
				  one or more collective investment funds to the extent permissible for the
				  accounts. Such funds shall be organized and administered in accordance with the
				  provisions of 12 C.F.R.
				  9.18.
(b)
										12 C.F.R.
				  9.18 is herein incorporated by reference,
				  including all subsequent amendments and editions, and may be accessed at the
				  U.S. Printing Office website at
http://www.ecfr.gov/cgi-bin/text-idx?SID=10db9d6d7ecd62689d768e1b0c9a2199&node=se12.1.9_118&rgn=div8
at no cost at the time of adoption of this Rule. However,
					 any reference in the regulation to "Comptroller of Currency" shall, for the
					 purpose of state trust entities, be deemed to refer to the "Commissioner of
					 Banks."
Authority
					 G.S.
					 53-163.7;
					 53-366;
					 53C-2-5;
Eff.
					 February 1, 1976;
Amended Eff. April 1, 2015; May 1, 1992; November
					 1, 1982; September 26, 1979;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 3,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter D - SUPERVISION OF STATE TRUST ENTITIES › Section .0300 - TRUST DEPARTMENT › Section 03D .0305 - REPEALED - USE OF SECURITIES CLEARING CORPORATIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-104;
					 53-110;
					 53-159.1;
Eff.
					 February 1, 1976;
Repealed Eff. October 1, 2012 pursuant to
					 G.S.
					 150B-21.7.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter E - LICENSEES UNDER NORTH CAROLINA CONSUMER FINANCE ACT › Section .0100 - LICENSING › Section 03E .0101 - APPLICATION

Current through Register Vol. 39, No. 2, July 15, 2024
(a) The application
				  for a consumer finance license shall include information necessary to determine
				  whether an applicant is qualified to hold a consumer finance license pursuant
				  to G.S.
				  53-168(a) and
				  G.S.
				  53-169. A copy of the application may be
				  obtained from the agency's website located at
https://www.nccob.gov
.
(b) Upon receipt of an application for a
				  consumer finance license, the Commissioner of Banks shall give written notice
				  of the application to all licensees by electronic mail.
(c) Following an investigation of the
				  application pursuant to
				  G.S.
				  53-168, the Commissioner of Banks shall
				  either approve or deny the application.
Authority
					 G.S.
					 53-168;
					 53-169;
					 53-170;
					 53-185;
Eff. February
					 1, 1976;
Amended Eff. September 1, 2006; January 1, 1993; August 1,
					 1978;
Readopted Eff. August 1, 2018;
Amended Eff. March
					 1, 2021.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter E - LICENSEES UNDER NORTH CAROLINA CONSUMER FINANCE ACT › Section .0100 - LICENSING › Section 03E .0102 - REPEALED - APPROVAL

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-95;
					 53-104;
					 53-168;
					 58-169;
					 53-185;
					 53-188;
Eff. February
					 1, 1976;
Amended Eff. June 1, 1995; August 1, 1978;
Repealed Eff. August 1, 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter E - LICENSEES UNDER NORTH CAROLINA CONSUMER FINANCE ACT › Section .0100 - LICENSING › Section 03E .0103-0105

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-168(b);
					 53-171;
					 53-185;
					 150A-11;
Eff.
					 February 1, 1976;
Repealed Eff. January 1,
					 1985.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter E - LICENSEES UNDER NORTH CAROLINA CONSUMER FINANCE ACT › Section .0100 - LICENSING › Section 03E .0106 - REPEALED - MOTOR VEHICLE LENDERS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-176.1;
					 53-185;
Eff. February
					 1, 1976;
Repealed Eff. January 1,
					 1993.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter E - LICENSEES UNDER NORTH CAROLINA CONSUMER FINANCE ACT › Section .0200 - ACTIONS REQUIRING APPROVAL OF COMMISSIONER OF BANKS › Section 03E .0201 - REPEALED - OPERATION OF OTHER BUSINESS IN SAME OFFICE

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-122(3);
					 53-168;
					 53-172;
					 53-185;
					 150B-21.2;
Eff.
					 February 1, 1976;
Amended Eff. September 1, 2006; January 1,
					 1993;
Repealed Eff. August 1,
					 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter E - LICENSEES UNDER NORTH CAROLINA CONSUMER FINANCE ACT › Section .0200 - ACTIONS REQUIRING APPROVAL OF COMMISSIONER OF BANKS › Section 03E .0202-0203

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-170;
					 53-176;
					 53-185;
					 150A-11;
Eff.
					 February 1, 1976;
Repealed Eff. January 1,
					 1985.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter E - LICENSEES UNDER NORTH CAROLINA CONSUMER FINANCE ACT › Section .0200 - ACTIONS REQUIRING APPROVAL OF COMMISSIONER OF BANKS › Section 03E .0204 - TRANSFER OF LICENSE AND CHANGE OF LOCATION

Current through Register Vol. 39, No. 2, July 15, 2024
(a) Requests to
				  transfer or assign a license shall contain the name, address, and telephone
				  number of the proposed transferee or assignee, the reasons for the transfer or
				  assignment, and the date that the licensee proposes to make the transfer or
				  assignment. In reviewing an application for transfer or assignment, the
				  Commissioner of Banks shall consider whether a proposed transfer or assignment
				  meets the requirements of
				  G.S.
				  53-168(a). Transfer or
				  assignments of a license to anyone other than existing licensees shall not be
				  approved. If the request is approved, the licensee shall surrender to the
				  Commissioner of Banks its consumer finance license for reissuance to the
				  transferee or assignee.
(b) Prior
				  to any change in the business location of a licensee, the licensee shall apply
				  to the Commissioner of Banks. In reviewing an application for a change of
				  location, the Commissioner of Banks shall consider whether a proposed change of
				  location meets the requirements of
				  G.S.
				  53-168(a). If the request is
				  approved, the licensee shall submit to the Commissioner of Banks its license
				  for amendment.
Authority
					 G.S.
					 53-168(e);
					 53-170(a);
Eff. January 1, 1993;
Readopted Eff. August 1,
					 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter E - LICENSEES UNDER NORTH CAROLINA CONSUMER FINANCE ACT › Section .0300 - REPORTS REQUIRED BY COMMISSIONER OF BANKS › Section 03E .0301 - REPEALED - CHANGE OF OWNERSHIP OR MANAGEMENT

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-170;
					 53-185;
					 150A-11;
Eff.
					 February 1, 1976;
Repealed Eff. January 1,
					 1985.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter E - LICENSEES UNDER NORTH CAROLINA CONSUMER FINANCE ACT › Section .0300 - REPORTS REQUIRED BY COMMISSIONER OF BANKS › Section 03E .0302 - ANNUAL REPORT

Current through Register Vol. 39, No. 2, July 15, 2024
The annual report form shall contain various schedules that
					 reflect the financial condition of the licensee, as well as the results of its
					 operations. The form and instructions shall be obtained and filed online
					 through the agency's internal website for licensees,
https://www.nccob.gov/online.aspx
.
Authority
					 G.S.
					 53-184(b);
					 53-185;
Eff. February
					 1, 1976;
Amended Eff. September 1, 2006; January 1, 1993; September
					 26, 1979;
Readopted Eff. August 1, 2018;
Amended Eff.
					 March 1, 2021.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter E - LICENSEES UNDER NORTH CAROLINA CONSUMER FINANCE ACT › Section .0400 - EXAMINATION › Section 03E .0401-.0402

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-99;
					 53-184;
					 53-185;
Eff. February
					 1, 1976.
Repealed Eff. August 1,
					 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter E - LICENSEES UNDER NORTH CAROLINA CONSUMER FINANCE ACT › Section .0500 - ENFORCEMENT › Section 03E .0501-0502

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-185;
					 53-186;
					 53-187;
					 150A-11;
Eff.
					 February 1, 1976;
Repealed Eff. January 1,
					 1985.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter E - LICENSEES UNDER NORTH CAROLINA CONSUMER FINANCE ACT › Section .0600 - CONSUMER FINANCE OFFICES › Section 03E .0602 - REPEALED - COLLECTION PRACTICES

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53C-2-1;
					 53C-2-2;
					 53-180;
					 53-185;
Eff. February
					 1, 1976;
Repealed Eff. August 1,
					 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter E - LICENSEES UNDER NORTH CAROLINA CONSUMER FINANCE ACT › Section .0600 - CONSUMER FINANCE OFFICES › Section 03E .0603 - REPEALED - DEFERMENT CHARGES

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 53-104;
					 53-173(6);
					 53-185;
Eff. February
					 1, 1976;
Repealed Eff. January 1,
					 1993.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter F - LICENSEES UNDER MONEY TRANSMITTERS ACT › Section .0200 - ADMINISTRATIVE › Section 03F .0201 - REPEALED - DEFINITIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-208.27;
Eff. February 1,
					 1993;
Amended Eff. November 1, 2013; September 1, 2006; June 1,
					 1995;
Repealed Eff. August 1,
					 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter F - LICENSEES UNDER MONEY TRANSMITTERS ACT › Section .0200 - ADMINISTRATIVE › Section 03F .0202 - REPEALED - PERMISSIBLE INVESTMENTS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-193;
					 53-206.1;
Eff. March
					 1, 1994;
Repealed Eff. October 1,
					 2011.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter F - LICENSEES UNDER MONEY TRANSMITTERS ACT › Section .0300 - LICENSING › Section 03F .0301 - INCOMPLETE APPLICATIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Incomplete application files shall be closed and withdrawn
					 without prejudice when the applicant has not submitted information requested by
					 the Commissioner within 30 days of the request.
Authority
					 G.S.
					 53-208.45;
					 53-208.60;
Eff.
					 February 1, 1993;
Amended Eff. November 1, 2013;
Readopted August 1, 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter F - LICENSEES UNDER MONEY TRANSMITTERS ACT › Section .0300 - LICENSING › Section 03F .0302-.0304

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-197;
					 53-200;
					 53-202;
					 53-206.1;
					 150B-21.2;
Eff.
					 February 1, 1993;
Amended June 1, 1995;
Repealed Eff.
					 October 1, 2011.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter F - LICENSEES UNDER MONEY TRANSMITTERS ACT › Section .0400 - OPERATIONS › Section 03F .0401 - REPEALED - CERTIFICATE OF AUTHORITY

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-203;
					 53-206.1;
					 150B-21.2;
Eff.
					 February 1, 1993;
Repealed Eff. October 1,
					 2011.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter F - LICENSEES UNDER MONEY TRANSMITTERS ACT › Section .0400 - OPERATIONS › Section 03F .0402 - REPEALED - SURRENDER OF LICENSE

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-208.27;
Eff. February 1,
					 1993;
Repealed Eff. August 1,
					 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter F - LICENSEES UNDER MONEY TRANSMITTERS ACT › Section .0500 - REPORTING AND NOTIFICATIONS › Section 03F .0501 - REPEALED - GENERALLY ACCEPTED ACCOUNTING PRINCIPLES

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-208.27;
Eff. February 1,
					 1993;
Repealed Eff. August 1,
					 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter F - LICENSEES UNDER MONEY TRANSMITTERS ACT › Section .0500 - REPORTING AND NOTIFICATIONS › Section 03F .0502-.0503

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-198;
					 53-199(b);
					 53-204(a);
					 53-206.1;
					 150B-21.2;
Eff.
					 February 1, 1993;
Amended Eff. June 1, 1995;
Repealed
					 Eff. October 1, 2011.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter F - LICENSEES UNDER MONEY TRANSMITTERS ACT › Section .0500 - REPORTING AND NOTIFICATIONS › Section 03F .0504-.0509

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-208.5;
					 53-208.8;
					 53-208.27;
Eff.
					 February 1, 1993;
Amended Eff. November 1, 2013; June 1,
					 1995;
Repealed Eff. August 1,
					 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter F - LICENSEES UNDER MONEY TRANSMITTERS ACT › Section .0600 - EXAMINATION; BOOKS AND RECORDS › Section 03F .0601-.0602

Current through Register Vol. 39, No. 2, July 15, 2024
Authority 53-208.15;
					 53-208.16; 53-208.20; 53-208.27; 53-282(c);
Eff. February 1,
					 1993;
Amended Eff. November 1, 2013;
Repealed Eff.
					 August 1, 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter F - LICENSEES UNDER MONEY TRANSMITTERS ACT › Section .0700 - LICENSE REVOCATION › Section 03F .0701 - REPEALED - HEARINGS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-206;
					 53-206.1;
					 53-207;
					 150B-21.2;
Eff.
					 February 1, 1993;
Repealed Eff. October 1,
					 2011.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter G - FUNERAL AND BURIAL TRUST FUNDS › Section .0100 - ADMINISTRATIVE › Section 03G .0101-0103

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-92;
					 90-210.31(e);
					 90-210.34;
					 90-210.34(b);
					 90-210.36;
Eff.
					 February 1, 1976;
Amended Eff. August 1, 1988; March 15,
					 1978;
Repealed Eff. May 1, 1991.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter G - FUNERAL AND BURIAL TRUST FUNDS › Section .0100 - ADMINISTRATIVE › Section 03G .0104 - REPEALED - DEFINITIONS; FILINGS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 90-210.30;
					 90-210.34;
					 90-210.36;
Eff. May 1,
					 1991;
Repealed Eff. February 1,
					 1995.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter G - FUNERAL AND BURIAL TRUST FUNDS › Section .0200 - LICENSING › Section 03G .0201-0202

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 90-210.34(a);
					 90-210.34(b);
					 90-210.36;
Eff. May 1,
					 1991;
Repealed Eff. February 1,
					 1995.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter G - FUNERAL AND BURIAL TRUST FUNDS › Section .0200 - LICENSING › Section 03G .0203 - REPEALED - EXPIRATION AND RENEWAL

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 90-210.34;
					 90-210.36;
Eff. June
					 1, 1991;
Repealed Eff. February 1,
					 1995.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter G - FUNERAL AND BURIAL TRUST FUNDS › Section .0300 - PRENEED BURIAL CONTRACTS › Section 03G .0301-0303

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 90-210.31;
					 90-210.31(a1);
					 90-210.31(e);
					 90-210.32(d);
					 90-210.36;
Eff. May 1,
					 1991;
Repealed Eff. February 1,
					 1995.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter G - FUNERAL AND BURIAL TRUST FUNDS › Section .0400 - DEATH OF THE PRENEED BURIAL TRUST CONTRACT BENEFICIARY › Section 03G .0401-0403

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 90-210.31(c);
					 90-210.31(c1);
					 90-210.36;
Eff. May 1,
					 1991;
Repealed Eff. February 1,
					 1995.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter G - FUNERAL AND BURIAL TRUST FUNDS › Section .0500 - OPERATIONS › Section 03G .0501 - REPEALED - RECORD AND BOOKKEEPING REQUIREMENTS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 90-210.31;
					 90-210.35(a);
					 90-210.36;
Eff. May 1,
					 1991;
Repealed Eff. February 1,
					 1995.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter G - FUNERAL AND BURIAL TRUST FUNDS › Section .0500 - OPERATIONS › Section 03G .0502 - REPEALED - ANNUAL REPORT

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 90-210.36;
Eff. June 1,
					 1991;
Repealed Eff. February 1,
					 1995.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter G - FUNERAL AND BURIAL TRUST FUNDS › Section .0500 - OPERATIONS › Section 03G .0503-0504

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 90-210.35(b);
					 90-210.35(c);
					 90-210.36;
Eff. May 1,
					 1991;
Repealed Eff. February 1,
					 1995.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter G - FUNERAL AND BURIAL TRUST FUNDS › Section .0600 - LICENSE REVOCATION OR SUSPENSION › Section 03G .0601 - REPEALED - REVOCATION OR SUSPENSION; HEARINGS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 90-210.31;
					 90-210.32;
					 90-210.33;
					 90-210.36;
Eff. June
					 1, 1991;
Repealed Eff. February 1,
					 1995.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter H - APPLICATIONS BY REGIONAL BANK HOLDING COMPANIES › Section .0100 - REGIONAL BANK HOLDING COMPANIES › Section 03H .0101 - REPEALED - APPLICATION FEES

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-214(b);
Eff.
					 September 1, 1985;
Repealed Eff. May 1,
					 1992.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter H - APPLICATIONS BY REGIONAL BANK HOLDING COMPANIES › Section .0100 - REGIONAL BANK HOLDING COMPANIES › Section 03H .0102-.0103

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-211;
					 53-214(b);
					 53-227;
					 53-230;
Eff. May 1,
					 1992;
Amended Eff. September 1, 2006; April 1, 1999;
Repealed Eff. August 1, 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter I - MORTGAGE BANKER/BROKER › Section .0100 - ADMINISTRATIVE › Section 03I .0101 - REPEALED - DEFINITIONS; FILINGS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-233;
					 53-234;
					 53-241;
Eff. November
					 1, 1993;
Amended Eff. May 1, 1995;
Repealed Eff. April
					 1, 2003.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter I - MORTGAGE BANKER/BROKER › Section .0200 - FINANCIAL REQUIREMENTS › Section 03I .0201 - REPEALED - FINANCIAL REQUIREMENTS FOR MORTGAGE BANKERS AND MORTGAGE BROKERS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-236(b);
					 53-241;
Eff. November
					 1, 1993;
Amended Eff. May 1, 1995;
Repealed Eff. April
					 1, 2003.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter I - MORTGAGE BANKER/BROKER › Section .0200 - FINANCIAL REQUIREMENTS › Section 03I .0202-0203

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-236(b);
					 53-241;
Eff. November
					 1, 1993;
Repealed Eff. May 1,
					 1995.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter I - MORTGAGE BANKER/BROKER › Section .0200 - FINANCIAL REQUIREMENTS › Section 03I .0204 - REPEALED - SURETY BOND

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-236(b);
					 53-241;
Eff. November
					 1, 1993;
Amended Eff. May 1, 1995;
Repealed Eff. April
					 1, 2003.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter I - MORTGAGE BANKER/BROKER › Section .0200 - FINANCIAL REQUIREMENTS › Section 03I .0205-.0206 - IRREVOCABLE LETTER OF CREDIT; PLEDGE OF SECURITIES

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-236(b);
					 53-241;
Eff. May 1,
					 1995;
Repealed Eff. April 1,
					 2003.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter I - MORTGAGE BANKER/BROKER › Section .0400 - OPERATIONS › Section 03I .0401-.0406

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-122(3);
					 53-234(1);
					 53-234(2);
					 53-237(c);
					 53-238;
					 53-238(5);
					 53-238(6);
					 53-239;
					 53-239(c);
					 53-241;
					 53-242;
Eff. November
					 1, 1993;
Amended Eff. May 1, 1995;
Repealed Eff. April
					 1, 2003.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter I - MORTGAGE BANKER/BROKER › Section .0500 - REPORTING AND NOTIFICATION REQUIREMENTS › Section 03I .0501-.0503

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-236(b);
					 53-241;
Eff. November
					 1, 1993;
Amended Eff. May 1, 1995;
Repealed Eff. April
					 1, 2003.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 03 - BANKING COMMISSION › Subchapter I - MORTGAGE BANKER/BROKER › Section .0600 - PROHIBITED ACTS AND PRACTICES; INVESTIGATIONS › Section 03I .0601-.0605

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-238;
					 53-239;
					 53-240;
					 53-241;
Eff. November
					 1, 1993;
Amended Eff. May 1, 1995;
Repealed Eff. April
					 1, 2003.