reglab/statecodes huggingface dataset:
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0101-0115

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
				G.S.
				76-1;
				76-3 through
				76-7;
				76-10;
				76-11;
				76-13;
				143A-6;
				150A-23;
Eff.
				February 1, 1976;
Amended Eff. July 10, 1982; February 5, 1981; May
				18, 1979; February 1, 1977;
Repealed Eff. December 1,
				1985.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0116 - REPEALED - PILOTAGE RATES

Current through Register Vol. 39, No. 2, July 15, 2024
Filed as a Temporary Rule
				Eff. March 12, 1982, for a period of 120 days to expire on
July 10,
				1982;
Authority
				G.S.
				76A-17;
				143A-6;
Eff. July
				10, 1982;
Repealed Eff. January 1,
				1986.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0117 - REPEALED - EXTENSION OF VALIDATION OF EXISTING LICENSES

Current through Register Vol. 39, No. 2, July 15, 2024
Filed as a Temporary Rule
				Eff. March 12, 1982, for a period of 120 days to expire on
July 10,
				1982;
Authority
				G.S.
				76A-5;
				76A-6;
				143A-6;
Repealed
				Eff. July 10, 1982.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0118 - DEFINITIONS

Current through Register Vol. 39, No. 2, July 15, 2024
For purposes of this Chapter, the following definitions
				apply:
(1) The term "association"
			 shall mean the Wilmington Cape Fear Pilots Association.
(2) The term "Coast Guard" shall mean the
			 United States Coast Guard.
(3) The
			 term "commission" shall mean the Cape Fear Navigation and Pilotage
			 Commission.
(4) The term "pilot"
			 shall mean a Full Licensed Pilot as established by
			 G.S.
			 76A-6(2).
(5) The term "river and bar" shall mean the
			 Cape Fear River and Bar to the extent of navigation aids.
(6) The term "Sunny Point" shall mean the
			 Military Ocean Terminal at Sunny Point.
Authority
				G.S.
				76A-1;
				76A-5;
				76A-6;
				76A-13;
Eff. December
				1, 1985;
Pursuant to
				G.S.
				150B-21.3A, rule is necessary without
				substantive public interest Eff. November 23,
				2015.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0119 - NUMBER OF PILOTS

Current through Register Vol. 39, No. 2, July 15, 2024
(a) The commission
			 shall license a number of pilots not to exceed one pilot per 98 piloted vessel
			 arrivals annually or fraction thereof, subject to
			 G.S.
			 76A-14. Annual piloted vessel arrivals shall
			 be calculated by averaging the number of piloted arrivals during the five
			 immediately-preceding calendar years.
(b) The apprentice system established in Rule
			 .0121 of this Chapter shall be used to fill vacancies in the pilotage service
			 except in emergencies, such as the incapacity of one or more licensed pilots
			 due to accident, sickness, or death. In such emergency, the Commission may
			 issue one or more limited-licenses for such term as is necessary to alleviate
			 the emergency, based upon the number of licensed pilots whose capacity is
			 unimpaired, the number of piloted vessel arrivals and departures, and any
			 recommendation of a majority vote of the association. The association's
			 recommendation shall be based on the qualifications of the candidate seeking a
			 limited license, including the candidate's experience, agility, knowledge of
			 the local waters, U.S. Coast Guard certifications, and other skills required to
			 perform the duties of a limited-licensed pilot.
Authority
				G.S.
				76A-1;
				76A-5;
				76A-13;
				76A-14;
Eff. December
				1, 1985;
Amended Eff. August 1, 2000;
Readopted Eff.
				December 1, 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0120 - ANNUAL RENEWAL OF LICENSE

Current through Register Vol. 39, No. 2, July 15, 2024
Each pilot who desires to renew his license shall present a
				written application for renewal to the commission at its regular meeting
				immediately preceding May 1 of each year. That application shall include the
				results of a physical examination conducted within 60 days prior to the date of
				the application and a bond in the amount of five hundred dollars ($500.00) from
				two freehold sureties. The results of the physical examination shall be
				reported on the form required by the Coast Guard for the issuance of an
				original federal pilot's license. If the application is satisfactory, the
				commission shall issue a license effective May 1.
Authority
				G.S.
				76A-1;
				76A-5;
Eff. December
				1, 1985;
Pursuant to
				G.S.
				150B-21.3A, rule is necessary without
				substantive public interest Eff. November 23,
				2015.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0121 - APPRENTICESHIP

Current through Register Vol. 39, No. 2, July 15, 2024
(a) In order to be
			 considered for an appointment as an apprentice pilot, an applicant shall:
(1) provide evidence of graduation from a
			 maritime college or regionally-accredited four-year college or university or
			 hold a valid Third Mate's Unlimited Ocean license;
(2) not have been convicted of a
			 felony;
(3) provide evidence of
			 20/20 visual acuity uncorrected or corrected by lens;
(4) provide evidence of being able to
			 distinguish colors by means of the Stilling Test or other equivalent test
			 accepted by the Coast Guard;
(5)
			 provide three personal references;
(6) provide evidence of passing a complete
			 physical examination in the form required by the Coast Guard for the issuance
			 of an original federal pilot's license; and
(7) be a citizen and resident of North
			 Carolina.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0122 - DISCIPLINARY ACTIONS AGAINST PILOTS

Current through Register Vol. 39, No. 2, July 15, 2024
No pilot shall:
(1) be
			 intoxicated or under the influence of any drug while on duty; or
(2) be convicted of a felony; or
(3) be permanently incapacitated, physically
			 or mentally, from the performance of his duties as a pilot; or
(4) refuse his duties.
Authority
				G.S.
				76A-1;
				76A-5;
				76A-13;
				76A-15;
Eff. December
				1, 1985;
Pursuant to
				G.S.
				150B-21.3A, rule is necessary without
				substantive public interest Eff. November 23,
				2015.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0123 - INCIDENTS OR ACCIDENTS INVOLVING PILOTS

Current through Register Vol. 39, No. 2, July 15, 2024
(a) Following
			 any marine incident or accident involving a vessel in charge of a pilot, the
			 pilot in charge of the vessel shall give an oral report to the commission
			 chairman or other member if the chairman is not available. Within 120 hours of
			 the pilot reaching his or her destination (the port inbound - sea buoy
			 outbound), the pilot shall submit to the commission a written narrative report.
			 Sketches and diagrams may be used to explain the situation if the pilot feels
			 their use would be helpful, including aerial photos of the waters and area used
			 by the ship while under pilotage, nautical maps, sounding charts, or any other
			 visual aid to explain or describe the marine incident or accident.
(b) The commission shall investigate such
			 occurrence in accordance with
			 G.S.
			 76A-5(d).
Authority
				G.S.
				76A-1;
				76A-5;
Eff. December
				1, 1985;
Readopted Eff. December 1,
				2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0124 - REPEALED - MOVEMENT OF VESSELS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
				G.S.
				76A-1;
				76A-5;
Eff. December
				1, 1985;
Repealed Eff. December 1,
				2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0125 - PILOT ARRANGEMENTS

Current through Register Vol. 39, No. 2, July 15, 2024
(a) A pilot
			 assigned to a vessel sailing from Sunny Point shall arrive at the Main Gate in
			 adequate time to be on board the vessel in time to make preparations for its
			 departure.
(b) It shall be the
			 responsibility of the Command at Sunny Point to provide adequate and prompt
			 transportation to and from the Main Gate and the vessel's gangway or to provide
			 a permit to the pilot allowing him to provide his own transportation to and
			 from the Main Gate and the vessel's gangway.
(c) The commission shall cooperate with the
			 Command at Sunny Point to ensure the pilots of prompt access to Sunny Point,
			 and to ensure the safe and timely movement of all vessels entering or leaving
			 Sunny Point.
Authority
				G.S.
				76A-1;
				76A-5;
Eff. December
				1, 1985;
Pursuant to
				G.S.
				150B-21.3A, rule is necessary without
				substantive public interest Eff. November 23,
				2015.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0126 - WHEN TUGBOAT ASSISTANCE REQUIRED

Current through Register Vol. 39, No. 2, July 15, 2024
Every vessel over sixty gross tons shall have the assistance of
				a tug (or tugs) while transiting the Cape Fear Memorial Bridge and any other
				bridge north of that bridge. "Approaching" a bridge is defined as being that
				point in the river at which it becomes reasonably necessary for the tug (or
				tugs) to be alongside the vessel in order to have the vessel under control
				prior to transiting the bridge. Additionally, prior to the time at which the
				tug (or tugs) begins to exert an influence on the vessel, the pilot aboard the
				vessel shall relinquish control of the vessel to the docking master controlling
				the tug (or tugs). This transfer of authority shall occur at a point in the
				river agreed upon by the pilot and docking master. However, if the docking
				master refuses to accept control of the vessel for any reason, it shall be the
				duty of the pilot to retain control of the vessel.
Authority
				G.S.
				76A-1;
				76A-5;
Eff. December
				1, 1985;
Pursuant to
				G.S.
				150B-21.3A, rule is necessary without
				substantive public interest Eff. November 23,
				2015.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0127 - PILOTAGE RATES

Current through Register Vol. 39, No. 2, July 15, 2024
(a) Requests for
			 rate revisions shall be submitted in writing to the secretary of the commission
			 before February 1 of the year in which the rate revision is
			 requested.
(b) Proposed rate
			 revisions shall be considered by the commission at the first regular meeting
			 after March 1 of the year in which the rate revision is requested.
(c) The public shall be notified of any rate
			 revision and its effective date by the following methods:
(1) publication in at least two Wilmington
			 area newspapers;
(2) posting at the
			 State Ports Authority Building of the N.C. State Ports Authority at Wilmington;
			 and
(3) written notification to the
			 N.C. Shipping Association.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0128 - FEES

Current through Register Vol. 39, No. 2, July 15, 2024
The pilots association shall pay to the commission one-fourth
				of one percent of every pilotage fee received by every fully licensed,
				limited-licensed, or apprentice pilot that is licensed or certified by the
				commission. Such payment shall be made on the 10th day of each quarter for the
				pilotage fees received the preceding quarter.
Authority
				G.S.
				76A-1;
				76A-24;
Eff. December
				1, 1985;
Readopted Eff. December 1,
				2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 15 - COMMISSION OF NAVIGATION AND PILOTAGE FOR THE CAPE FEAR RIVER AND BAR › Section 15 .0129 - REPEALED - COMMISSION HEARINGS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
				G.S.
				76A-1;
				76A-5;
				76A-15;
				76A-24;
				150B-12;
				150B-23;
Eff.
				December 1, 1985;
Repealed Eff. July 16, 1988 in accordance with
				G.S.
				150B-59(c).
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter A - GENERAL PROVISIONS › Section .0100 - GENERAL › Section 16A .0101 - REPEALED - SAVINGS INSTITUTIONS DIVISION

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-4;
					 54B-55;
					 54C-4;
					 54C-53;
Eff. August
					 31, 1981;
Amended Eff. December 1, 2011; December 6, 1991; January
					 1, 1990;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter A - GENERAL PROVISIONS › Section .0100 - GENERAL › Section 16A .0102 - REPEALED - RULE MAKING AND ADMINISTRATIVE HEARING PROCEDURES

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
					 150B-14;
Eff. August
					 31, 1981;
Repealed Eff. June 1,
					 1988.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter A - GENERAL PROVISIONS › Section .0100 - GENERAL › Section 16A .0103 - DEFINITIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Unless otherwise indicated, words and phrases defined by
					 G.S.
					 54B-4 and
					 G.S.
					 54C-4 shall have the same meaning in this
					 Chapter.
Authority
					 G.S.
					 54B-55;
					 54C-53;
Eff. August
					 31, 1981;
Amended Eff. July 1, 1990;
Temporary
					 Amendment Eff. October 2, 1991 for a period of 180 days to expire on March 31,
					 1992;
Amended Eff. February 15, 1992;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. November 22,
					 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter A - GENERAL PROVISIONS › Section .0100 - GENERAL › Section 16A .0104 - REPEALED - SUPERVISORY FEE

Current through Register Vol. 39, No. 2, July 15, 2024
Filed as a Temporary
					 Amendment Eff. October 2, 1991 for a period of 180 days to expire
on March 31, 1992;
Authority
					 G.S.
					 54B-55;
					 54B-57;
					 54C-53;
					 54C-55;
Eff. August
					 31, 1981;
Amended Eff. February 15, 1992; July 1, 1990; September
					 1, 1986; October 1, 1982;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter A - GENERAL PROVISIONS › Section .0100 - GENERAL › Section 16A .0105 - RESTRICTIONS: PAYMENT OF DIVIDENDS AND REPURCHASE OF STOCK

Current through Register Vol. 39, No. 2, July 15, 2024
(a)
				  A stock savings institution shall not declare or pay a cash dividend on or
				  repurchase any of its capital stock if the effect would be to reduce the net
				  worth of the savings institution to an amount that is less than the minimum
				  required by the federal regulatory authority pursuant to
				  12 U.S.C.
				  1831o(d) or an amount less
				  than the minimum required by
				  G.S.
				  54C-163, whichever is greater.
				  12 U.S.C.
				  1831o(d) is hereby
				  incorporated by reference, including subsequent amendments or editions, and may
				  be found free of charge as follows:
https://www.gpo.gov/fdsys/pkg/USCODE-2010-title12/html/USCODE-2010-title12-chap16-sec1831o.htm
.
(b) Without the prior written approval of the
				  Commissioner of Banks, a stock savings institution that has been in operation
				  or converted from mutual form for less than five years shall not repurchase any
				  of its capital stock. Such approval shall be granted only upon a showing that
				  the proposed repurchase will not adversely affect the safety and soundness of
				  the savings institution.
(c) A
				  stock savings institution that has been in operation or converted from mutual
				  form for less than five years shall obtain the written approval of the
				  Commissioner of Banks before declaring or paying a cash dividend on its capital
				  stock in an amount in excess of one-half of the greater of:
(1) the savings institution's net income for
				  the most recent fiscal year end; or
(2) the average of the savings institution's
				  net income after dividends for the most recent fiscal year end and not more
				  than two of the immediately preceding fiscal year ends.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter A - GENERAL PROVISIONS › Section .0200 - RULE-MAKING HEARINGS › Section 16A .0201-.0203

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-93;
					 54B-55;
					 150B-12;
					 150B-20;
					 150B-21.2(d);
Eff. July 1, 1990;
Amended Eff. December 1, 2011;
Repealed Eff. November 1, 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter A - GENERAL PROVISIONS › Section .0300 - DECLARATORY RULINGS › Section 16A .0301-.0302

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-93;
					 54B-2;
					 54B-52;
					 54B-55;
					 54C-2;
					 54C-3;
					 54C-52;
					 54C-53;
					 150B-2(5);
					 150B-4;
Eff. July 1,
					 1990;
Amended Eff. December 1, 2011;
Repealed Eff.
					 November 1, 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter A - GENERAL PROVISIONS › Section .0400 - ADMINISTRATIVE HEARINGS › Section 16A .0401-.0409

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 53-93;
					 53-104;
					 54B-55;
					 150B-38;
					 150B-39;
Eff. July
					 1, 1990;
Amended Eff. December 1, 2011;
Repealed Eff.
					 November 1, 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter B - SAVINGS INSTITUTIONS COMMISSION › Section 16B .0101-.0103

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
				  G.S.
				  54B-53;
				  54B-55
Eff. August
				  31, 1981;
Amended Eff. July 1, 1990;
Repealed Eff. May
				  14, 2014 pursuant to
				  G.S.
				  150B-21.7(a).
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter C - APPLICATIONS › Section .0100 - CHARTER APPLICATION › Section 16C .0101-.0103

Current through Register Vol. 39, No. 2, July 15, 2024
04 NCAC 16C .0102
					 CHARTER APPLICATION RESTRICTIONS
Authority
					 G.S.
					 54B-2;
					 54B-9;
					 54B-10;
					 54B-52;
					 54B-55;
					 54C-2;
					 54C-9;
					 54C-12;
					 54C-52;
					 54C-53;
Eff. August
					 31, 1981;
Temporary Amendment Eff. August 26, 1985 for a period of
					 93 days to expire on November 26, 1985;
Temporary Amendment Eff.
					 October 2, 1991 for a period of 180 days to expire on March 31,
					 1992;
Amended Eff. December 1, 2011; February 15, 1992; July 1,
					 1990; November 1, 1985;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter C - APPLICATIONS › Section .0100 - CHARTER APPLICATION › Section 16C .0104 - REPEALED - INTERIM SAVINGS INSTITUTIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Filed as a Temporary
					 Amendment Eff. October 2, 1991 for a period of 180 days to expire on March 31,
					 1992;
Filed as a Temporary Rule Eff. August 26, 1985 for a period
					 of 93 days to expire on
November 26, 1985;
Authority
					 G.S.
					 54B-45;
					 54B-55;
					 54C-46;
					 54C-53;
Eff. November
					 1, 1985;
Amended Eff. February 15, 1992;
Repealed Eff.
					 November 1, 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter C - APPLICATIONS › Section .0100 - CHARTER APPLICATION › Section 16C .0105 - REPEALED - CONVERSION TO SAVINGS BANK

Current through Register Vol. 39, No. 2, July 15, 2024
Filed as a Temporary
					 Adoption Eff. October 2, 1991 for a period of 180 days to expire on
March 31, 1992;
Authority
					 G.S.
					 54C-30;
					 54C-53;
Eff. February
					 15, 1992;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter C - APPLICATIONS › Section .0200 - BRANCH OFFICE APPLICATION › Section 16C .0201-.0203

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-22;
					 54B-55;
					 54C-23;
					 54C-53;
Eff. August
					 31, 1981;
Amended Eff. November 1, 1982;
Temporary
					 Amendment Eff. October 2, 1991 for a period of 180 days to expire on March 31,
					 1992;
Amended Eff. December 1, 2011; February 15, 1992; July 1,
					 1990;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter C - APPLICATIONS › Section .0300 - APPLICATION TO CHANGE LOCATION OF BRANCH OFFICE OR PRINCIPAL OFFICE › Section 16C .0301-0302

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-23;
					 54B-55;
Eff. August
					 31, 1981;
Repealed Eff. November 1,
					 1985.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter C - APPLICATIONS › Section .0300 - APPLICATION TO CHANGE LOCATION OF BRANCH OFFICE OR PRINCIPAL OFFICE › Section 16C .0303 - REPEALED - LOCATION CHANGE

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-23;
					 54B-55;
Eff. November
					 1, 1985;
Repealed Eff. February 15,
					 1992.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter C - APPLICATIONS › Section .0300 - APPLICATION TO CHANGE LOCATION OF BRANCH OFFICE OR PRINCIPAL OFFICE › Section 16C .0304 - TEMPORARY CLOSING OF OFFICE

Current through Register Vol. 39, No. 2, July 15, 2024
If a bank's office is closed temporarily, other than
					 closures in observance of a holiday, the bank shall notify the Commissioner of
					 Banks no later than 72 hours after such closure if the closure may interfere
					 with the bank's operations or poses an existing or imminent threat to the
					 safety or security of persons on property.
Authority
					 G.S.
					 54B-55;
Eff. July 1,
					 1990;
Amended Eff. November 1, 2017; December 1, 2011;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. November 22,
					 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter C - APPLICATIONS › Section .0300 - APPLICATION TO CHANGE LOCATION OF BRANCH OFFICE OR PRINCIPAL OFFICE › Section 16C .0305 - REPEALED - PURCHASE OF BRANCH

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-22;
					 54B-55;
					 54C-24;
					 54C-53;
Eff. July 1,
					 1990;
Temporary Amendment Eff. October 2, 1991 for a period of 180
					 days to expire on March 31, 1992;
Amended Eff. December 1, 2011;
					 February 15, 1992;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter C - APPLICATIONS › Section .0400 - REMOTE SERVICE UNITS › Section 16C .0401-.0405

Current through Register Vol. 39, No. 2, July 15, 2024
Filed as a Temporary
					 Amendment Eff. October 2, 1991 for a period of 180 days to expire on March 31,
					 1992;
Authority
					 G.S.
					 54B-55;
					 54B-77;
					 54C-53;
					 54C-146;
Eff. April
					 1, 1982;
Amended Eff. February 15, 1992; July 1, 1990;
Repealed Eff. November 1, 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter C - APPLICATIONS › Section .0500 - INTERSTATE RECIPROCAL ACQUISITIONS › Section 16C .0501-.0503

Current through Register Vol. 39, No. 2, July 15, 2024
Filed as a Temporary
					 Amendment Eff. October 2, 1991 for a period of 180 days to expire on March 31,
					 1992;
Authority
					 G.S.
					 54B-48.6;
					 54B-55;
					 54C-53;
					 54C-178;
Eff.
					 September 1, 1986;
Amended Eff. February 15, 1992; July 1,
					 1990;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0100 - DIRECTORS: OFFICERS AND EMPLOYEES › Section 16D .0101 - REPEALED - COMPOSITION OF BOARD OF DIRECTORS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
Eff. August 31,
					 1981;
Amended Eff. April 15, 1993; February 15, 1992; July 1, 1990;
					 September 1, 1984;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0100 - DIRECTORS: OFFICERS AND EMPLOYEES › Section 16D .0102 - REPEALED - PROHIBITED TRANSACTIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
Eff. August 31,
					 1981;
Amended Eff. January 1, 1984; April 1, 1983;
Repealed Eff. July 1, 1990.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0100 - DIRECTORS: OFFICERS AND EMPLOYEES › Section 16D .0103 - REPEALED - BYLAWS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-2;
					 54B-9;
					 54B-52;
					 54B-55;
					 54C-2;
					 54C-9;
					 54C-52;
					 54C-53;
Eff. August
					 31, 1981;
Amended Eff. December 1, 2011;
Repealed Eff.
					 November 1, 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0100 - DIRECTORS: OFFICERS AND EMPLOYEES › Section 16D .0104 - REPEALED - INSIDER LOAN LIMITATIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-154;
Eff. April 1,
					 1982;
Amended Eff. July 1, 1983;
Repealed Eff. July 1,
					 1990.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0100 - DIRECTORS: OFFICERS AND EMPLOYEES › Section 16D .0105 - REPEALED - AMENDMENT OF CONVERTED ASSOCIATION'S CHARTER

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-33;
Eff. December 1,
					 1984;
Repealed Eff. April 15,
					 1993.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0200 - PROXIES › Section 16D .0201-.0204

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
					 54B-105;
Eff. August
					 31, 1981;
Amended Eff. December 6, 1991; July 1, 1990;
Repealed Eff. November 1, 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0300 - RECORDS › Section 16D .0301-.0302

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-2;
					 54B-9;
					 54B-21;
					 54B-52;
					 54B-55;
					 54C-2;
					 54C-52;
					 54C-53;
Eff. August
					 31, 1981;
Amended Eff. December 1, 2011; February 15, 1992; July 1,
					 1990; April 1, 1987; January 1, 1984; July 1, 1983;
Repealed Eff.
					 November 1, 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0400 - LOANS › Section 16D .0401-.0403

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
					 54B-161;
Eff. August
					 31, 1981;
Amended Eff. February 15, 1992; July 1, 1990; November 1,
					 1985;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0400 - LOANS › Section 16D .0404 - REPEALED - ALTERNATIVE MORTGAGE INSTRUMENTS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
					 54B-163;
Eff. August
					 31, 1981;
Amended Eff. July 1, 1990; October 1, 1987;
Repealed Eff. February 15, 1992.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0400 - LOANS › Section 16D .0405 - REPEALED - UNSECURED LOANS LIMIT

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
					 54B-151;
Eff. August
					 31, 1981;
Amended Eff. July 1, 1990;
Repealed Eff.
					 November 1, 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0400 - LOANS › Section 16D .0406 - REPEALED - ACCOUNTING FOR GAINS AND LOSSES

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
Eff. December 1,
					 1981;
Amended Eff. April 1, 1984;
Repealed Eff. July 1,
					 1990.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0400 - LOANS › Section 16D .0407 - REPEALED - LOANS TO ONE BORROWER

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
					 54B-164;
Eff. July 1,
					 1983;
Amended Eff. December 1, 2011; February 15, 1992; July 1,
					 1990; November 1, 1985; January 1, 1985;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0400 - LOANS › Section 16D .0408 - REPEALED - ACCOUNTING FOR UNCOLLECTIBLE INCOME

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
Eff. January 1,
					 1984;
Repealed Eff. July 1, 1990.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0500 - WITHDRAWABLE ACCOUNTS › Section 16D .0501-.0502 - REPEALED - SIGNATURE CARDS

Current through Register Vol. 39, No. 2, July 15, 2024
04 NCAC 16D .0502
					 HOLDING OF CERTIFICATE OR PASSBOOK
Authority
					 G.S.
					 54B-55;
					 54B-121;
Eff. August
					 31, 1981;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0500 - WITHDRAWABLE ACCOUNTS › Section 16D .0503 - REPEALED - NONNEGOTIABLE ORDERS OF WITHDRAWAL

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
					 54B-128;
Eff. August
					 31, 1981;
Repealed Eff. July 1,
					 1990.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0500 - WITHDRAWABLE ACCOUNTS › Section 16D .0504 - REPEALED - NEGOTIABLE ORDER OF WITHDRAWAL ACCOUNTS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
					 54B-127;
Eff. August
					 31, 1981;
Amended Eff. February 1, 1983;
Repealed Eff.
					 November 1, 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0500 - WITHDRAWABLE ACCOUNTS › Section 16D .0505 - REPEALED - NON INTEREST BEARING NEGOTIABLE ORDER OF WITHDRAWAL ACCTS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
					 54B-127;
Eff. August
					 31, 1981;
Repealed Eff. July 1,
					 1990.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0500 - WITHDRAWABLE ACCOUNTS › Section 16D .0506 - REPEALED - CREDIT CARDS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
					 54B-77;
Eff. August
					 31, 1981;
Repealed Eff. February 15,
					 1992.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0600 - LIQUIDITY FUND › Section 16D .0601-0602

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
					 54B-210;
					 54B-211;
Eff. August
					 31, 1981;
Amended Eff. July 1, 1983;
Repealed Eff. July
					 1, 1990.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0700 - GENERAL RESERVE ACCOUNT › Section 16D .0701 - REPEALED - GENERAL RESERVE REQUIREMENTS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-216;
Eff. December 1,
					 1981;
Amended Eff. November 1, 1982; October 1, 1982;
Repealed Eff. January 1, 1986.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0700 - GENERAL RESERVE ACCOUNT › Section 16D .0702 - REPEALED - REQUIREMENTS FOR NEWLY CHARTERED STOCK ASSOCIATIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-216;
Eff. December 1,
					 1981;
Repealed Eff. November 1,
					 1982.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0700 - GENERAL RESERVE ACCOUNT › Section 16D .0703 - REPEALED - APPRAISED EQUITY CAPITAL

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-216;
Eff. November 1,
					 1982;
Amended Eff. July 1, 1983;
Repealed Eff. January
					 1, 1986.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0800 - TRUST POWERS

Current through Register Vol. 39, No. 2, July 15, 2024
4 NCAC 16D .0801
											16D .0817 was recodified to
					 4 NCAC
					 16K .0001
											16K .0017, effective September 6,
					 1991.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0900 - INVESTMENTS › Section 16D .0901 - REPEALED - SECURITIES

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
					 54B-193;
					 54C-53;
					 54C-141;
Eff. October
					 1, 1987;
Amended Eff. December 1, 2011; July 1, 1990;
Repealed Eff. November 1, 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .0900 - INVESTMENTS › Section 16D .0902 - REPEALED - STOCK IN OTHER DEPOSITORY INSTITUTIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
					 54B-193;
					 54C-53;
					 54C-141;
Eff. July 1,
					 1990;
Amended Eff. December 1, 2011; February 15, 1992;
Repealed Eff. November 1, 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter D - OPERATION OF SAVINGS ASSOCIATIONS › Section .1000 - VOLUNTARY DISSOLUTION

Current through Register Vol. 39, No. 2, July 15, 2024
4 NCAC 16D .1001
											16D .1004 was recodified to
					 4 NCAC
					 16L .0001
											16L .0004, effective September 6,
					 1991.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter E - OPERATION OF SAVINGS BANKS › Section .0100 - DIRECTORS, BYLAWS AND CHARTER › Section 16E .0101-0102

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54B-55;
					 105-228.27;
Eff.
					 August 31, 1981;
Amended Eff. January 1, 1983;
Repealed
					 Eff. January 1, 1984.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter E - OPERATION OF SAVINGS INSTITUTIONS › Section .0100 - DIRECTORS, BYLAWS AND CHARTER › Section 16E .0103 - BOARD OF DIRECTORS

Current through Register Vol. 39, No. 2, July 15, 2024
(a) A director
				  shall not vote on any matter in which they have a personal or financial
				  interest.
(b) When a savings
				  institution takes action establishing a new chief executive officer or
				  director, the savings institution shall notify the Commissioner of Banks within
				  14 calendar days of such change, and shall provide the name of the new chief
				  executive officer or director, the effective date of the appointment, and a
				  statement of the person's past and current business and professional
				  affiliations. The name of any departing chief executive officer or director
				  shall also be provided to the Commissioner of Banks in writing.
(c) Any of the following shall be deemed to
				  be significant ownership interests for
				  G.S.
				  54C-101(c):
(1) For stock savings banks under fifty
				  million dollars ($50,000,000) in assets, stock ownership in the institution or
				  its holding company of two thousand five hundred dollars ($2,500.00) in market
				  value at time of purchase;
(2) For
				  mutual savings banks under fifty million dollars ($50,000,000) in assets, a two
				  thousand five hundred dollar ($2,500) deposit relationship;
(3) For stock savings banks over fifty
				  million dollars ($50,000,000) in assets, stock ownership in the institution or
				  its holding company of five thousand dollars ($5,000) in market value at time
				  of purchase; or
(4) For mutual
				  savings banks over fifty million dollars ($50,000,000) in assets, a five
				  thousand dollar ($5,000.00) deposit relationship.
For savings institutions that cross the fifty million
					 dollar ($50,000,000) threshold, the Commissioner of Banks shall allow up to one
					 year for the Directors to comply with the ownership interest
					 requirement.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter E - OPERATION OF SAVINGS INSTITUTIONS › Section .0100 - DIRECTORS, BYLAWS AND CHARTER › Section 16E .0104 - BYLAWS

Current through Register Vol. 39, No. 2, July 15, 2024
The Commissioner of Banks shall be deemed to have approved
					 any amendments to bylaws that the Commissioner has not objected within 25 days
					 after the date that the bylaws are filed with the Commissioner of
					 Banks.
Authority
					 G.S.
					 54B-9;
					 54B-52;
					 54C-9;
					 54C-52;
					 54C-53;
					 54C-102;
Temporary
					 Adoption Eff. October 2, 1991 for a period of 180 days to expire on March 31,
					 1992;
Eff. February 15, 1992;
Amended Eff. November 1,
					 2017; December 1, 2011;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. November 22,
					 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter E - OPERATION OF SAVINGS INSTITUTIONS › Section .0100 - DIRECTORS, BYLAWS AND CHARTER › Section 16E .0105 - REPEALED - AMENDMENT OF CONVERTED SAVINGS BANK'S CHARTER

Current through Register Vol. 39, No. 2, July 15, 2024
Filed as a Temporary
					 Adoption Eff. October 2, 1991 for a period of 180 days to expire on
March 31, 1992;
Statutory Authority
					 G.S.
					 54C-33;
					 54C-53;
Eff. February
					 15, 1992;
Repealed Eff. April 15,
					 1993.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter E - OPERATION OF SAVINGS INSTITUTIONS › Section .0200 - PROXIES › Section 16E .0201-.0204

Current through Register Vol. 39, No. 2, July 15, 2024
Filed as a Temporary
					 Adoption Eff. October 2, 1991 for a period of 180 days to expire on March 31,
					 1992;
Authority
					 G.S.
					 54C-53;
					 54C-105;
Eff.
					 February 15, 1992;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter E - OPERATION OF SAVINGS INSTITUTIONS › Section .0300 - RECORDS AND POLICIES › Section 16E .0303 - REPEALED - REQUIRED POLICIES

Current through Register Vol. 39, No. 2, July 15, 2024
Filed as a Temporary
					 Adoption Eff. October 2, 1991 for a period of 180 days to expire on
March 31, 1992;
Authority
					 G.S.
					 54C-53;
Eff. February 15,
					 1992;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter E - OPERATION OF SAVINGS INSTITUTIONS › Section .0400 - LOANS › Section 16E .0401 - SERVICING LOANS

Current through Register Vol. 39, No. 2, July 15, 2024
A savings institution may service loans originated by the
					 savings institution or by other lenders.
Authority
					 G.S.
					 54B-55;
					 54B-161;
					 54C-53;
Temporary
					 Adoption Eff. October 2, 1991 for a period of 180 days to expire on March 31,
					 1992;
Eff. February 15, 1992;
Amended Eff. November 1,
					 2017;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. November 22,
					 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter E - OPERATION OF SAVINGS INSTITUTIONS › Section .0400 - LOANS › Section 16E .0402 - REPEALED - APPRAISALS

Current through Register Vol. 39, No. 2, July 15, 2024
Filed as a Temporary
					 Adoption Eff. October 2, 1991 for a period of 180 days to expire on March 31,
					 1992;
Authority
					 G.S.
					 54C-53;
					 54C-128;
Eff.
					 February 15, 1992;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter E - OPERATION OF SAVINGS INSTITUTIONS › Section .0400 - LOANS › Section 16E .0403 - RECORDS WITH RESPECT TO LOANS

Current through Register Vol. 39, No. 2, July 15, 2024
Each savings institution shall maintain the following loan
					 documentation:
(1) Financial
				  Statements. Financial statements shall be required from any person who is a
				  maker, co-maker, guarantor, endorser, or surety on any unsecured loans or other
				  unsecured extensions of credit in an amount of fifty thousand dollars ($50,000)
				  or more in the aggregate. Financial statements required by this Item shall:
(a) be signed or acknowledged by the
				  maker;
(b) be dated within 18
				  months preceding the origination date of the credit obligation;
(c) be renewed within 18 months after the
				  date of the last financial statement on file;
(d) be addressed to or made for the lending
				  savings institution; and
(e)
				  include information reflecting the assets, liabilities, net worth, and income
				  of the borrower.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter E - OPERATION OF SAVINGS INSTITUTIONS › Section .0400 - LOANS › Section 16E .0404-.0405

Current through Register Vol. 39, No. 2, July 15, 2024
Filed as a Temporary
					 Adoption Eff. October 2, 1991 for a period of 180 days to expire on March 31,
					 1992;
Authority
					 G.S.
					 54C-53;
					 54C-121;
					 54C-128;
Eff.
					 February 15, 1992;
Amended Eff. December 1, 2011;
Repealed Eff. November 1, 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter E - OPERATION OF SAVINGS INSTITUTIONS › Section .0500 - DEPOSIT ACCOUNTS › Section 16E .0501 - REPEALED - SIGNATURE CARDS

Current through Register Vol. 39, No. 2, July 15, 2024
Filed as a Temporary
					 Adoption Eff. October 2, 1991 for a period of 180 days to expire on March 31,
					 1992;
Authority
					 G.S.
					 54C-53;
					 54C-164;
Eff.
					 February 15, 1992;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter E - OPERATION OF SAVINGS INSTITUTIONS › Section .0500 - DEPOSIT ACCOUNTS › Section 16E .0502 - HOLDING OF CERTIFICATE OR PASSBOOK

Current through Register Vol. 39, No. 2, July 15, 2024
An unpledged savings certificate or passbook shall not be
					 held by a savings institution for the convenience of an account
					 holder.
Authority
					 G.S.
					 54B-55;
					 54B-121;
					 54C-53;
					 54C-164;
Temporary
					 Adoption Eff. October 2, 1991 for a period of 180 days to expire on March 31,
					 1992;
Eff. February 15, 1992;
Amended Eff. November 1,
					 2017;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. November 22,
					 2018.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter E - OPERATION OF SAVINGS INSTITUTIONS › Section .0600 - LIQUIDITY AND NET WORTH › Section 16E .0601-.0602 - REPEALED - LIQUIDITY

Current through Register Vol. 39, No. 2, July 15, 2024
Filed as a Temporary
					 Adoption Eff. October 2, 1991 for a period of 180 days to expire on
March 31, 1992;
Authority
					 G.S.
					 54C-53;
					 54C-162;
					 54C-163;
Eff.
					 February 15, 1992;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter E - OPERATION OF SAVINGS INSTITUTIONS › Section .0700 - INVESTMENTS › Section 16E .0701-.0702

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 54C-53;
					 54C-141;
Temporary
					 Adoption Eff. October 2, 1991 for a period of 180 days to expire on March 31,
					 1992;
Eff. February 15, 1992;
Amended Eff. December 1,
					 2011;
Repealed Eff. November 1,
					 2017.
North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 16 - SAVINGS INSTITUTIONS › Subchapter F - SERVICE CORPORATIONS AND FINANCE SUBSIDIARIES › Section 16F .0101 - PERMITTED ACTIVITIES

Current through Register Vol. 39, No. 2, July 15, 2024
The service corporation of a savings institution may engage
				  in activities that are approved by the federal regulatory authority pursuant to
				  12 C.F.R.
				  5.59(f) for service
				  corporations owned by federal associations that have principal offices in this
				  State and may engage in any other activity authorized for state-chartered
				  savings institutions and approved in advance in writing by the Commissioner of
				  Banks upon a showing by the savings institution that the activity enhances the
				  safe and sound operation of the savings institution, is well managed, is
				  subject to adequate controls, and is not otherwise violative of . North
				  Carolina law. 12 C.F.R.
				  5.59(f)1831o is hereby
				  incorporated by reference, including subsequent amendments or editions, and may
				  be found free of charge as follows:
https://www.ecfr.gov/cgi-bin/text-idx?SID=b1cbbe0d7d8194e47523927417a42a03&mc=true&node=se12.1.5_159&rgn=div8
.
Authority
				  G.S.
				  54B-55;
				  54B-194;
				  54C-53;
				  54C-144;
Eff. August
				  31, 1981;
Amended Eff. July 1, 1990; October 1, 1987;
Temporary Amendment Eff. October 2, 1991 for a period of 180 days to expire on
				  March 31, 1992;
Amended Eff. November 1, 2017; May 11,
				  1992;
Pursuant to
				  G.S.
				  150B-21.3A, rule is necessary without
				  substantive public interest Eff. November 22,
				  2018.