§ 54B-153. Prohibited security.
An association may not accept its own capital stock or its own mutual capital certificates as security for any loan it makes.
- Jurisdiction
- United States — North Carolina
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
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§ 54B-153. Prohibited security.
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