54B-248. Right to enter and to conduct investigations.
The Secretary of Commerce or any examiner appointed by him shall have access to and may compel the production of all books, papers, securities, moneys, and other property of a mutual deposit guaranty association under examination by him. He may administer oaths to and examine the officers and agents of such association as to its affairs. (1981, c. 282, s. 3; 1983, c. 719, s. 2; 1989, c. 751, s. 8(8); 1991 (Reg. Sess., 1992), c. 959, s. 16.)
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.