N.C. Gen. Stat. § 54C-123

Prohibited security.

Last amended: 1991Year: 2026Length: 29 wordsOfficial source
§ 54C-123. Prohibited security. No savings bank may accept its own capital stock or its own mutual capital certificates as security for any loan made by the savings bank.
N.C. Gen. Stat. § 54C-123: Prohibited security. | Justis AI