54B-154. Insider loans.
The Commissioner of Banks may promulgate rules and regulations no less stringent than the requirements of the appropriate federal regulatory authority, and as he deems necessary, to govern the making of loans to officers and directors, and their associates, and companies or other business entities controlled by them. (1981, c. 282, s. 3; 1983, c. 144, s. 20; 1989 (Reg. Sess., 1990), c. 806, s. 10; 2001-193, s. 16.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 54B - Savings and Loan Associations
§ 54B-150 - Manner of making loans.
§ 54B-152 - Real property encumbrances.
§ 54B-153 - Prohibited security.
§ 54B-155 - Rule-making power of Commissioner of Banks.
§ 54B-156 - Loan expenses and fees.
§ 54B-157 - Loans conditioned on certain transactions prohibited.
§ 54B-158 - Insured or guaranteed loans.
§ 54B-159 - Purchase of loans.
§ 54B-160 - Participation in loans.
§ 54B-162 - Power to borrow money.
§ 54B-163 - Methods of loan repayment.
§ 54B-164 - Loans to one borrower.
§ 54B-165 - Professional services.