United States — North Carolina
§ 53-381. Permission to resume business.
1 provisions
A State trust company may resume business only if the Commissioner approves and sets the terms and conditions.
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Company formation, governance, directors, ownership, filings, and corporate obligations. These records come from release legal-2026.07.26-907 and link directly to stored legal text.
921 matching statutes
United States — North Carolina
1 provisions
A State trust company may resume business only if the Commissioner approves and sets the terms and conditions.
United States — North Carolina
1 provisions
If a drainage or levee survey would cross a railroad right-of-way, the work’s owner must give written notice to the railroad and set a meeting at least 10 days later.
United States — North Carolina
1 provisions
Covered companies or persons must keep qualifying insurance or an allowed reserve account, and policy forms must be filed with and approved by the Commissioner before use.
United States — North Carolina
1 provisions
A state-owned railroad company must file an annual report with two legislative committees and provide extra information to the Governor or legislative committees when asked.
United States — North Carolina
1 provisions
When the Commissioner takes possession of a State trust company, the Commissioner may collect debts and claims, manage and conserve assets, and administer accounts temporarily, while officers and directors may not exercise powers reserved to the Commissioner.
United States — North Carolina
1 provisions
Only listed categories of companies may engage in trust business in this State; all companies are barred from unauthorized trust activity.
United States — North Carolina
1 provisions
State trust companies must keep a principal office in the state, register it with the Commissioner, and file notice before moving it.
United States — North Carolina
1 provisions
This section sets notice, recordkeeping, contract-content, refund, and naming rules for service agreement companies, and bans certain misleading practices.
United States — North Carolina
1 provisions
A state trust company may invest in equity or debt securities, but must keep at least 40% of equity capital in unencumbered cash, cash equivalents, and readily marketable securities unless the Commissioner allows less, and generally may not exceed 15% of equity capital in one issuer’s securities.
United States — North Carolina
1 provisions
This section defines key terms used in the article, including acquire, association, branch office, deposits, principal place of business, and several North Carolina or Southern Region categories.
United States — North Carolina
1 provisions
If another state taxes North Carolina companies more heavily, the Secretary of Revenue must impose the same premium taxes on companies chartered in that other state doing business or seeking to do business in North Carolina.
United States — North Carolina
1 provisions
The Department of Revenue must apportion a fair and reasonable share of certain public service company value for taxation in the State.
United States — North Carolina
1 provisions
Developers and exchange companies must give purchasers/owners specified exchange-program information before certain contracts are signed, and the purchaser must certify receipt in writing.
United States — North Carolina
1 provisions
When the Commissioner takes possession of a State trust company, the Commissioner must file a notice with the local superior court clerk within 48 hours.
United States — North Carolina
1 provisions
Certain Southern Region and North Carolina banking entities may make specified acquisitions only with approval from the Commissioner of Banks.
United States — North Carolina
1 provisions
The board must appoint the State trust company’s officers each year, and the company must have a chief executive officer and a separate officer for books, records, and signature attestation.
United States — North Carolina
1 provisions
This section defines rental-related terms and requires rental car companies to try in good faith to keep vehicle license and registration fees at or below actual costs.
United States — North Carolina
1 provisions
Rental car companies are barred from charging certain extra fees and from charging rental time in specified delivery and pickup situations.
United States — North Carolina
1 provisions
This section defines key terms used in the article, including company, energy sector of Iran, financial institution, investment, investment activities in Iran, Iran, person, and state agency.
United States — North Carolina
1 provisions
State trust company incorporation papers must be signed and acknowledged by each organizer and must include specified information; the Commissioner may allow a non-corporate form.