53C-6-12. Account statements to be rendered annually or on request.
(a) Every bank shall render an account statement for each deposit account at least annually to the depositor; provided, however, the statements are not required for time deposits. Every bank shall render a statement of account for each deposit account, including time deposits upon receipt of an appropriate request reasonably made by a depositor.
(b) For purposes of this section, an account statement is deemed to have been "rendered" to a depositor as of the earlier of the date the statement is mailed to the depositor's address as shown on bank records and the date the account is posted to the bank's Web site in a manner and a form ensuring the statement to be readily available to the depositor; provided however, the bank and the depositor may agree that an account statement may be rendered by other means.
(c) Nothing in this section shall be construed to relieve the depositor from the duty of exercising due diligence in the review of an account statement rendered by the bank and of timely notification to the bank upon discovery of any error. (2012-56, s. 4.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 53C - Regulation of Banks
§ 53C-6-1 - Loans and extensions of credit.
§ 53C-6-3 - Securing deposits.
§ 53C-6-7 - Payable on Death accounts.
§ 53C-6-8 - Personal agency accounts.
§ 53C-6-9 - Accounts opened by adults for minors.
§ 53C-6-11 - Powers of attorney; notice of revocation; payment after notice.
§ 53C-6-12 - Account statements to be rendered annually or on request.
§ 53C-6-13 - Safe deposit boxes; unpaid rentals; procedure; escheats.
§ 53C-6-15 - Establishment of branches.
§ 53C-6-16 - Change of location of a branch or principal office.
§ 53C-6-18 - Non-branch bank business offices.