53-224.22. Powers.
(a) An out-of-state state bank which establishes and maintains one or more branches in North Carolina under this Article may conduct any activities at such branch or branches that are authorized under the laws of this State for North Carolina State banks, except to the extent such activities may be prohibited by other laws, regulations, or orders applicable to the out-of-state state bank.
(b) A North Carolina State bank may conduct any activities at a branch outside of North Carolina that are permissible for a bank chartered by the host state where the branch is located, except to the extent such activities are expressly prohibited by the laws of this State or by any regulation or order of the Commissioner applicable to the North Carolina State bank. (1995, c. 322, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 53 - Regulation of Financial Services
Article 17B - Interstate Branch Banking.
§ 53-224.11 - Interstate branching by North Carolina State banks.
§ 53-224.12 - Interstate branching by de novo entry.
§ 53-224.13 - Interstate branching through the acquisition of a branch.
§ 53-224.14 - Requirement of notice and other conditions.
§ 53-224.15 - Conditions for approval.
§ 53-224.18 - Authority of State banks to establish interstate branches by merger.
§ 53-224.19 - Interstate merger transactions and branching permitted.
§ 53-224.20 - Notice and filing requirements.
§ 53-224.21 - Conditions for interstate merger prior to June 1, 1997.
§ 53-224.23 - Applicability of supervisory authority.
§ 53-224.24 - Examinations; periodic reports; cooperative agreements; assessment of fees.
§ 53-224.27 - Additional branches.
§ 53-224.28 - Notice of subsequent merger or other change in control.
§ 53-224.29 - Branch closings.