GroundRules
N.C. Gen. Stat. § 53-139: Capital stock.
Where this section sits in the code
- Chapter 53. Regulation of Financial Services.
- Article 11. Industrial Banks.
The amount of capital stock with which any industrial bank shall commence business shall not be less than fifty percent (50%) of that which would be required of a commercial bank under the provisions of G.S. 53-2. (1923, c. 225, s. 4; C.S., s. 225(d); 1967, c. 789, s. 18.)
Collected 2026-08-27T18:05:12Z. Source file · JSON