54C-164. Deposit accounts.
(a) A savings bank may raise capital through the solicitation of deposits from any person, natural or corporate, except as restricted or limited by law, or by any rules that the Commissioner of Banks may prescribe.
(b) A savings bank may receive deposits of funds upon any terms as the contract of deposit shall provide subject to withdrawals or to be paid upon checks of the depositor. (1991, c. 680, s. 1; 2001-193, s. 16.)
Structure North Carolina General Statutes
North Carolina General Statutes
§ 54C-161 - Generally accepted accounting principles.
§ 54C-163 - Net worth requirement.
§ 54C-166.1 - Payable on Death (POD) accounts.
§ 54C-167 - Personal agency accounts.
§ 54C-168 - Collection of processing fee for returned checks.
§ 54C-169 - Right of setoff on deposit accounts.
§ 54C-170 - Minors as deposit account holders.
§ 54C-171 - Deposit accounts as deposit of securities.
§ 54C-172 - New account books.
§ 54C-173 - Transfer of deposit accounts.
§ 54C-174 - Authority of power of attorney.
§ 54C-175 - Days and hours of operation.
§ 54C-176 - Power to borrow money.
§ 54C-177 - Authority to join federal reserve bank.
§ 54C-178 - Regional reciprocal acquisitions.