53-253. Rules; enforcement.
The Banking Commission may adopt reasonable rules as necessary to effectuate the purpose of this Article, to provide for the protection of the borrowing public, and to assist registrants in interpreting this Article. In order to enforce this Article, the Commissioner may make investigations, subpoena witnesses, require audits and reports, and conduct hearings regarding possible violations of its provisions. (1989 (Reg. Sess., 1990), c. 881, s. 2; 1995, c. 129, s. 41.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 53 - Regulation of Financial Services
Article 20 - Refund Anticipation Loan Act.
§ 53-247 - Registration requirement.
§ 53-248 - Registration procedure; informal hearing.
§ 53-249 - Filing and posting of loan fees; disclosures.
§ 53-250 - Prohibited activities.
§ 53-251 - Cease and desist; revocation of registration; penalties.
§ 53-252 - Appeal of Commissioner's decision.