54B-160. Participation in loans.
An association may invest in a participating interest in loans of a type which the association would be authorized to originate. (1981, c. 282, s. 3; 1981 (Reg. Sess., 1982), c. 1238, s. 15.)
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.