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Current as of January 01, 2020 | Updated by FindLaw Staff
(a) A bank shall be formed as, and shall maintain the form of, a corporation formed under the laws of this State.
(b) The provisions contained in Chapter 55 of the General Statutes shall apply to banks, except where provisions of this Chapter provide differently or where the Commissioner determines that any provision of Chapter 55 is inconsistent with the business of banking or the safety and soundness of banks.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 53C. Regulation of Banks § 53C-4-1. Banks--Form of organization - last updated January 01, 2020 | https://codes.findlaw.com/nc/chapter-53c-regulation-of-banks/nc-gen-st-sect-53c-4-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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