53-214. Applicable laws, rules and regulations.
(a) Any North Carolina bank that is controlled by a bank holding company that is not a North Carolina bank holding company shall be subject to all laws of this State and all rules and regulations under such laws that are applicable to North Carolina banks that are controlled by North Carolina bank holding companies.
(b) The State Banking Commission shall adopt rules to implement and effectuate the provisions of this Article. (1983 (Reg. Sess., 1984), c. 1113, s. 1; 1993, c. 175, s. 4; 1993 (Reg. Sess., 1994), c. 599, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 53 - Regulation of Financial Services
Article 17 - North Carolina Reciprocal Interstate Banking Act.
§ 53-211 - Acquisitions by out-of-state bank holding companies.
§ 53-212.1 - Bank agent for deposit institution affiliate.
§ 53-214 - Applicable laws, rules and regulations.
§ 53-215 - Appeal of Commissioner's decision.