N.C. Gen. Stat. » Chapter 53
NC General Statutes

N.C. Gen. Stat. § 53-167 (2026)

Expenses of supervision

✓ current as of July 2026
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For the purpose of defraying necessary expenses of the Office of Commissioner of Banks for supervision, each licensee shall pay to the Commissioner an assessment not to exceed eighteen dollars ($18.00) per one hundred thousand dollars ($100,000) of assets, or fraction thereof, plus a fee of three hundred dollars ($300.00) per office; however, a consumer finance licensee shall pay a minimum annual assessment of not less than one thousand dollars ($1,000). The assessment shall be determined on a consumer finance licensee's total assets as shown on its report of condition made to the Commissioner as of December 31 of each year, or the date most nearly approximating that date. If the Commissioner determines that the financial condition or manner of operation of a consumer finance licensee warrants further examination or an increased level of supervision, the licensee may be subject to assessment not to exceed the amount determined in accordance with the schedule set forth in this section. (1955, c. 1279; 1957, c. 1429, s. 1; 1961, c. 1053, s. 1; 2012-56, s. 11; 2023-61, s. 1.)

 

Notes of Decisions
Cited in 1 case, 1967–1967 · leading case: Northcutt v. Clayton, 152 S.E.2d 471 (N.C. 1967).
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Northcutt v. Clayton, 152 S.E.2d 471 (N.C. 1967). · cites it 2× “To cover the expenses of the Commissioner of Banks and to defray the costs of his investigations, each licensee is required by G.S. 53-167 to pay fees as specified in G.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.