GroundRules
N.C. Gen. Stat. § 54B-153: Prohibited security.
Where this section sits in the code
- Chapter 54B. Savings and Loan Associations.
- Article 7. Loans.
No association may accept its own capital stock or its own mutual capital certificates as security for any loan made by such association. (1981, c. 282, s. 3.)
Collected 2026-08-27T18:05:42Z. Source file · JSON