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North Carolina General Statutes Chapter 58. Insurance § 58-19-2. Compliance with federal law

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

(a) As used in this section, “depository institution” has the same meaning as in section 3 of the Federal Deposit Insurance Act, 12 U.S.C. § 1813, and includes any foreign bank that maintains a branch, an agency, or a commercial lending company in the United States.

(b) With respect to affiliations between a depository institution or any affiliate of a depository institution and any insurer, the provisions of section 104(c) of the Gramm-Leach-Bliley Act, P.L. 106-102,  1 shall apply to this Article.

1 15 U.S.C.A. § 6701(c).
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Cite this article: FindLaw.com - North Carolina General Statutes Chapter 58. Insurance § 58-19-2. Compliance with federal law - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-58-insurance/nc-gen-st-sect-58-19-2/

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