{"data":{"id":"us-nc/n.c.-gen.-stat.-53-343","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 53-343","heading":"Prohibited distributions, acquisitions, liens, or pledges.","body":"A State trust company shall not make any distribution to its shareholders, acquire its own shares, acquire a lien upon its own shares, or pledge its own assets while an order of the Commissioner prohibiting such distributions, acquisitions, liens, or pledges is in effect. (2001-263, s. 1.)","path":["Chapter 53. Regulation of Financial Services.","Article 24. Trust Companies and Interstate Trust Business.","Part 3. State Trust Company Charter Act."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_53/GS_53-343.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:12Z","sha256":"a6bf9413c88c0c2a704f3f7f0ec02c0c8882f9fe0eb64c58fbd6dda1d8f5d05b","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-53-342","next":"us-nc/n.c.-gen.-stat.-53-344"},"notice":"GroundRules: Original legal text. Not legal advice."}