54C-205. Powers.
An out-of-state savings bank that establishes a branch in North Carolina may engage in all the activities authorized by North Carolina law for a State savings bank except to the extent that such activities have been expressly prohibited by the state supervisor of the out-of-state savings bank or the laws of the out-of-state savings bank's home state. (1993, c. 191, s. 3.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 10 - Savings Bank Interstate Branches.
§ 54C-201 - Establishment of branches by out-of-state savings banks.
§ 54C-202 - Application requirements.
§ 54C-203 - Conditions for approval.
§ 54C-204 - Special conditions.
§ 54C-206 - Establishment of out-of-state branches by State savings banks.
§ 54C-207 - Regulatory and supervisory oversight.