54B-188. Municipal and county obligations.
A State association may invest in bonds or other evidences of indebtedness which are direct general obligations of any county, city, town, village, school district, sanitation or park district, or other political subdivision or municipal corporation of this State; or in bonds or other evidences of indebtedness which are payable from revenues or earnings specifically pledged therefor, which are issued by the county or an adjoining county or a political subdivision or municipal corporation of a county in this State. (1981, c. 282, s. 3.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 54B - Savings and Loan Associations
Article 8 - Other Investments.
§ 54B-180 - Other investments.
§ 54B-181 - Business property of a State association.
§ 54B-182 - United States obligations.
§ 54B-183 - North Carolina obligations.
§ 54B-184 - Federal Home Loan Bank obligations.
§ 54B-185 - Deposits in banks.
§ 54B-186 - Deposits in other associations.
§ 54B-187 - Fannie Mae obligations.
§ 54B-188 - Municipal and county obligations.
§ 54B-189 - Stock in education agency.
§ 54B-190 - Industrial development corporation stock.
§ 54B-191 - Urban renewal investment corporation stock.
§ 54B-192 - Urban renewal projects.
§ 54B-193 - Loans on sufficient collateral; other investments.
§ 54B-194 - Service corporations.
§ 54B-195 - Any loan or investment permitted for federal associations.