GroundRules
N.C. Gen. Stat. § 54-70: Bonds as investments.
Where this section sits in the code
- Chapter 54. Cooperative Organizations.
- SUBCHAPTER II. LAND AND LOAN ASSOCIATIONS.
- Article 8. Organization and Powers.
The bonds of a land mortgage association shall be a legal investment for savings associations, trust companies, or other financial institutions chartered under the laws of this State and shall also be a legal investment for trustees, executors, administrators, or custodians of public or private funds, or corporations, partnerships or associations. (1925, c. 223, s. 22.)
Collected 2026-08-27T18:05:32Z. Source file · JSON