North Carolina General Statutes
Chapter 54 - Cooperative Organizations
Article 8 - Organization and Powers.

§ 54-45 - Application of term. - 54-45. Application of term. The term "land and loan associations"...

§ 54-46 - Incorporation and powers. - 54-46. Incorporation and powers. Land and loan associations shall be...

§ 54-47 - Loans. - 54-47. Loans. The board of directors of land and loan...

§ 54-48 - Reserve associations. - 54-48. Reserve associations. Associations to be known as "reserve land...

§ 54-49 - Land Conservation and Development Bureau; land mortgage associations. - 54-49. Land Conservation and Development Bureau; land mortgage associations. Recognizing...

§ 54-50 - Number of incorporators; capital stock. - 54-50. Number of incorporators; capital stock. Any number of persons,...

§ 54-51 - Incorporation. - 54-51. Incorporation. The articles of incorporation shall be in writing,...

§ 54-52 - Organization. - 54-52. Organization. The incorporators at their first annual meeting shall...

§ 54-53 - Corporate powers. - 54-53. Corporate powers. Said land mortgage association shall have power:...

§ 54-54 - Restrictions. - 54-54. Restrictions. All mortgage obligations acquired by the company shall...

§ 54-55 - Mortgage forms; approval. - 54-55. Mortgage forms; approval. The mortgages to be given to...

§ 54-56 - Repayment of loan and interest. - 54-56. Repayment of loan and interest. The prospective borrower may...

§ 54-57 - Terms of payment. - 54-57. Terms of payment. A borrower may repay his loan...

§ 54-58 - Transfer of mortgaged lands. - 54-58. Transfer of mortgaged lands. The acquirer of any lands...

§ 54-59 - Calling in loans before due. - 54-59. Calling in loans before due. Every land mortgage association...

§ 54-60 - Partial recall of debt. - 54-60. Partial recall of debt. The association may require a...

§ 54-61 - Foreclosure. - 54-61. Foreclosure. Whenever any loan is called in and the...

§ 54-62 - Appraisal of lands. - 54-62. Appraisal of lands. Upon application for a loan the...

§ 54-63 - Preference prohibited; association borrowing money. - 54-63. Preference prohibited; association borrowing money. No land mortgage association,...

§ 54-64 - Bond issues. - 54-64. Bond issues. (a) The bonds to be issued by...

§ 54-65 - Deed of trust. - 54-65. Deed of trust. (a) To secure the payment of...

§ 54-66 - Collaterals deposited with State Treasurer. - 54-66. Collaterals deposited with State Treasurer. All mortgages pledged to...

§ 54-67 - Redemption of bonds. - 54-67. Redemption of bonds. (a) Notice of redemption of bonds...

§ 54-68 - Validity of bonds after maturity. - 54-68. Validity of bonds after maturity. In case the holder...

§ 54-69 - Bonds as payment. - 54-69. Bonds as payment. If the association gives notice to...

§ 54-70 - Bonds as investments. - 54-70. Bonds as investments. The bonds of a land mortgage...

§ 54-71 - Application of earnings; reserve fund. - 54-71. Application of earnings; reserve fund. The gross earnings of...

§ 54-72 - Restriction on holding real estate. - 54-72. Restriction on holding real estate. No land mortgage association...

§ 54-73 - Banking laws applicable. - 54-73. Banking laws applicable. The banking laws as defined in...