GroundRules
N.C. Gen. Stat. § 53C-4-9: Affiliate transactions.
Where this section sits in the code
- Chapter 53C. Regulation of Banks.
- Article 4. Governance of Banks.
A bank may extend credit to, and engage in transactions with, its affiliates, directors, executive officers, principal shareholders, and their respective immediate family members only to the extent permitted by, and subject to such restrictions and conditions as are imposed by, applicable State and federal laws and regulations. (2012-56, s. 4.)
Collected 2026-08-27T18:05:27Z. Source file · JSON