North Carolina General Statutes — Chapter 54
167 sections. Sourced from ncleg.gov; each section links to its full text with case-law cross-references.
- § 54-41.1 Repealed by Session Laws 1981, c. 282, s. 1
- § 54-44 Repealed by Session Laws 1981, c. 282, s. 1
- § 54-45 Application of term
- § 54-46 Incorporation and powers
- § 54-47 Loans
- § 54-48 Reserve associations
- § 54-49 Land Conservation and Development Bureau; land mortgage associations
- § 54-50 Number of incorporators; capital stock
- § 54-51 Incorporation
- § 54-52 Organization
- § 54-53 Corporate powers
- § 54-54 Restrictions
- § 54-55 Mortgage forms; approval
- § 54-56 Repayment of loan and interest
- § 54-57 Terms of payment
- § 54-58 Transfer of mortgaged lands
- § 54-59 Calling in loans before due
- § 54-60 Partial recall of debt
- § 54-61 Foreclosure
- § 54-62 Appraisal of lands
- § 54-63 Preference prohibited; association borrowing money
- § 54-64 Bond issues
- § 54-65 Deed of trust
- § 54-66 Collaterals deposited with State Treasurer
- § 54-67 Redemption of bonds
- § 54-68 Validity of bonds after maturity
- § 54-69 Bonds as payment
- § 54-70 Bonds as investments
- § 54-71 Application of earnings; reserve fund
- § 54-73 Banking laws applicable
- § 54-109.1 Definitions
- § 54-109.2 Organization procedure
- § 54-109.3 Form of articles and bylaws
- § 54-109.4 Amendments
- § 54-109.5 Use of name exclusive
- § 54-109.6 Office facilities
- § 54-109.9 Reserved for future codification purposes
- § 54-109.10 Creation and supervision of Division
- § 54-109.11 Duties of Administrator
- § 54-109.12 Corporations organized hereunder subject to Administrator of Credit Unions; rules and regulations
- § 54-109.13 Revocation of certificate; liquidation
- § 54-109.14 Fees and penalties
- § 54-109.15 Reports
- § 54-109.16 Examinations required; payment of cost
- § 54-109.17 Records
- § 54-109.18 Selection of attorneys to handle loan-closing proceedings
- § 54-109.19 Removal of officers
- § 54-109.21 General powers
- § 54-109.22 Incidental powers
- § 54-109.26 quot;Membership" defined
- § 54-109.27 Societies and other associations
- § 54-109.28 Other credit unions and specially designated common bonds
- § 54-109.29 Members who leave field
- § 54-109.30 Liability of shareholders
- § 54-109.31 Meetings of members
- § 54-109.35 Election or appointment of officials
- § 54-109.36 Record of board and committee members
- § 54-109.37 Vacancies
- § 54-109.38 Compensation of officials
- § 54-109.39 Conflicts of interest
- § 54-109.40 Executive officers
- § 54-109.41 Authority of directors
- § 54-109.42 Executive committee
- § 54-109.43 Meetings of directors
- § 54-109.44 Duties of directors
- § 54-109.45 Authority of credit committee
- § 54-109.46 Meetings of credit committee
- § 54-109.47 Loan officers
- § 54-109.48 When credit committee dispensed with
- § 54-109.49 Duties of supervisory committee
- § 54-109.53 Shares
- § 54-109.54 Dividends
- § 54-109.55 Deposits
- § 54-109.56 Thrift accounts
- § 54-109.57A Payable on Death (POD) accounts
- § 54-109.58 Joint accounts
- § 54-109.59 Liens
- § 54-109.60A Minors
- § 54-109.60B Accounts opened by adults for minors
- § 54-109.62 Payment of balance of deceased person or person under disability to personal representative or guardian
- § 54-109.62A Powers of attorney; notice of revocation; payment after notice
- § 54-109.63 Personal agency accounts
- § 54-109.64 Savings promotion raffles
- § 54-109.65 Purposes, terms and interest rate
- § 54-109.66 Application
- § 54-109.67 Loan limit
- § 54-109.68 Security
- § 54-109.69 Installments
- § 54-109.70 Line of credit
- § 54-109.71 Other loan programs
- § 54-109.75 Insurance for members
- § 54-109.76 Liability insurance for officers
- § 54-109.77 Group purchasing
- § 54-109.82 Investment of funds
- § 54-109.86 Transfers to regular reserve
- § 54-109.87 Use of regular reserve
- § 54-109.88 quot;Risk assets" defined
- § 54-109.92 Suspension and conservation
- § 54-109.93 Liquidation
- § 54-109.94 Merger
- § 54-109.95 Conversion of charter
- § 54-109.99 Restriction of taxation
- § 54-109.105 What information deemed confidential; disclosure; certain information deemed public; exchange of information
- § 54-109.106 Foreign Credit Unions
- § 54-110.1 Definition and purposes
- § 54-110.2 Membership
- § 54-110.3 Charter and name exclusive
- § 54-110.4 Organization
- § 54-110.5 Powers and privileges
- § 54-110.6 Participation in central system
- § 54-110.7 Right of set-off; security interest
- § 54-110.8 Fees
- § 54-110.9 Reserves
- § 54-111 Nature of the association
- § 54-112 Use of term restricted
- § 54-113 Articles of agreement
- § 54-114 Certificate of incorporation
- § 54-115 Fees for incorporation
- § 54-116 Bylaws adopted
- § 54-117 General corporation law or general nonprofit corporation law applied; dealing in products of, or renting to, nonmembers
- § 54-118 Other corporations admitted
- § 54-118.1 License taxes
- § 54-119 Certificate for stock fully paid
- § 54-120 Ownership of shares limited
- § 54-121 Shares issued on purchase of business
- § 54-122 Absent members voting
- § 54-124 Nature of business authorized
- § 54-125 Amendment of articles
- § 54-126 Apportionment of earnings
- § 54-127 Time of allocation
- § 54-129 Declaration of policy
- § 54-130 Definitions and nature
- § 54-131 Who may organize
- § 54-132 Purposes
- § 54-133 Preliminary investigation
- § 54-134 Articles of incorporation
- § 54-135 Amendments to articles of incorporation
- § 54-136 Bylaws
- § 54-137 General and special meetings; how called
- § 54-138 Conflicting laws not to apply
- § 54-140 Association heretofore organized may adopt the provisions of this Subchapter
- § 54-141 Associations not in restraint of trade
- § 54-142 Application of North Carolina Business Corporation Act to cooperative associations with capital stock
- § 54-142.1 Application of Nonprofit Corporation Act to cooperative associations without capital stock
- § 54-143 License taxes
- § 54-143.1 Franchise taxes
- § 54-145 Members
- § 54-146 Directors; election
- § 54-147 Election of officers
- § 54-148 Stock; membership certificates; when issued; voting; liability; limitation on transfer of ownership
- § 54-149 Removal of officer or director
- § 54-151 Powers
- § 54-152 Marketing contract
- § 54-153 Purchasing business of other associations, persons, firms, or corporations; payment; stock issued
- § 54-154 Annual reports
- § 54-155 Interest in other corporations or associations
- § 54-156 Contracts and agreements with other associations
- § 54-157 Breach of marketing contract of cooperative association; spreading false reports about the finances or management thereof; misdemeanor
- § 54-159 Procedure for merger
- § 54-160 Procedure for consolidation
- § 54-161 Approval of merger or consolidation; abandonment
- § 54-162 Articles of merger or consolidation
- § 54-163 Effect of merger or consolidation
- § 54-164 Merger or consolidation of domestic and foreign associations
- § 54-166 Rights of objecting members
- § 54-109.18A Hearings and appeals
- § 54-109.20 Additional authorities of the Administrator