N.C. Gen. Stat. § 53-163: Clerk of superior court notified of license and revocation.
Where this section sits in the code
- Chapter 53. Regulation of Financial Services.
- Article 14. Trust Institutions Acting in a Fiduciary Capacity.
- Part 1. General Provisions.
The Commissioner of Banks, upon granting license to any trust institution, shall immediately notify the clerk of the superior court of each county in the State that the trust institution has been licensed under this Article, and, whenever the Commissioner of Banks is satisfied that any trust institution licensed by the Commissioner is in a hazardous condition, the Commissioner shall revoke the license granted to that trust institution and notify the clerk of the superior court of each county in the State of the revocation. (1945, c. 743, s. 1; 2001-263, s. 3; 2011-339, s. 7.)
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