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North Carolina General Statutes Chapter 54C. Savings Banks § 54C-129. Nonconforming loans and investments

Current as of January 01, 2023 | Updated by Findlaw Staff

Unless otherwise provided, every loan or other investment made in violation of this Chapter is due and payable according to its terms and the obligation thereof is not impaired; provided, that the violation consists only of the lending of an excessive sum on authorized security or of investing in an unauthorized investment.

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Cite this article: FindLaw.com - North Carolina General Statutes Chapter 54C. Savings Banks § 54C-129. Nonconforming loans and investments - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-54c-savings-banks/nc-gen-st-sect-54c-129/

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