54C-135. Deposits in depository institutions.
A savings bank may invest in certificates of deposit, time-insured deposits, savings accounts, demand deposits, or withdrawable accounts of any banks, associations, or savings banks as are approved by the board of directors of the savings bank. (1991, c. 680, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 7 - Loans and Investments.
§ 54C-122 - Lending procedures.
§ 54C-123 - Prohibited security.
§ 54C-124 - Loans conditioned on certain transactions prohibited.
§ 54C-125 - Loan expenses and fees.
§ 54C-126 - Methods of loan repayment.
§ 54C-128 - Rulemaking power of Commissioner of Banks.
§ 54C-129 - Nonconforming loans and investments.
§ 54C-130 - Limitation on loans to one borrower.
§ 54C-131 - Investment in banking premises.
§ 54C-132 - United States obligations.
§ 54C-133 - North Carolina obligations.
§ 54C-134 - Federal Home Loan Bank obligations.
§ 54C-135 - Deposits in depository institutions.
§ 54C-136 - Federal government-sponsored enterprise obligations.
§ 54C-137 - Municipal and county obligations.
§ 54C-138 - Stock in education agency.
§ 54C-139 - Industrial development corporation stock.
§ 54C-140 - Urban renewal investment corporation stock.
§ 54C-141 - Limitations on investment in stocks and securities.
§ 54C-142 - Suspension of investment and loan limitation.
§ 54C-143 - Commercial lending.
§ 54C-144 - Service corporations.