54B-197. Effect of change in law or regulation.
Any loan or investment made by a State association which was in compliance with the law or regulations in effect at the time such loan or investment was made will remain a legal loan or investment even though the power to make such loans or investments in the future is amended or revoked. (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.