GroundRules
N.C. Gen. Stat. § 53-390: Deposit of funds collected.
Where this section sits in the code
- Chapter 53. Regulation of Financial Services.
- Article 24. Trust Companies and Interstate Trust Business.
- Part 5. Dissolution and Receivership; Conservatorship; Jeopardized State Trust Companies.
All funds collected by the Commissioner, in liquidating any State trust company, shall be deposited from time to time in a bank as may be selected by the Commissioner and shall be subject to withdrawal by check of the Commissioner. (2001-263, s. 1.)
Collected 2026-08-27T18:05:12Z. Source file · JSON