§ 53-142. Restriction on powers.
An industrial bank may not deposit its funds in a banking corporation unless the corporation has been designated as the depositary and the designation has been approved by the Commissioner of Banks.
- Jurisdiction
- United States — North Carolina
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
- Official source
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bank governance banking corporations deposits
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§ 53-142. Restriction on powers.
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