23 CAR § 320-2406
23 CAR § 320-2406. Mobile branch
Length: 114 wordsOfficial source
The State Banking Board, in accordance with Acts 2007, No. 42, promulgates the following rules governing mobile branches:
(1) A mobile branch only conducts banking business within the same county as the main office or another full-service branch of the bank;
(2) A mobile branch may not have a single, permanent site;
(3) A mobile branch may not remain within five (5) miles of any banking location for more than two (2) business days;
(4) A mobile branch travels to various locations within the county or counties to enable customers to conduct banking business; and
(5) A mobile branch must maintain a log of operations indicating the date and specific location of each stop.