54B-247. Special examinations.
Whenever the Secretary of Commerce deems it necessary, he may make or cause to be made a special examination or audit of any mutual deposit guaranty association doing business in this State, in addition to the regular examination provided for by this Article. The expenses of such a special examination or audit shall be paid by the mutual deposit guaranty association so examined. (1981, c. 282, s. 3; 1983, c. 719, s. 2; 1989, c. 751, s. 8(7); 1991 (Reg. Sess., 1992), c. 959, s. 15.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 54B - Savings and Loan Associations
Article 12 - Mutual Deposit Guaranty Associations.
§ 54B-237 - Organization of a mutual deposit guaranty association.
§ 54B-238 - Examination and certification by Secretary of Commerce.
§ 54B-239 - Recordation of articles of incorporation.
§ 54B-240 - Proposed amendments submitted to Secretary of Commerce.
§ 54B-241 - Examination and certification of amendments.
§ 54B-242 - Recordation of amendments.
§ 54B-243 - Reserve for losses.
§ 54B-244 - Purposes and powers of mutual deposit guaranty associations.
§ 54B-245 - Filing of semiannual financial reports; fees.
§ 54B-246 - Supervision by Secretary of Commerce.
§ 54B-247 - Special examinations.