{"data":{"id":"us-nc/n.c.-gen.-stat.-54-109.47","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 54-109.47","heading":"Loan officers.","body":"(a)\tThe credit committee may appoint one or more loan officers and delegate the power to approve loans, subject to such limitations or conditions as the credit committee prescribes.\n(b)\tLoan applications not approved by a loan officer shall be reviewed and acted upon by the credit committee. (1915, c. 115, s. 11; C.S., s. 5235; 1961, c. 1187, s. 22; 1965, c. 956, s. 1; 1969, c. 69, s. 5; 1973, c. 199, s. 10; 1975, c. 538, s. 1.)","path":["Chapter 54. Cooperative Organizations.","SUBCHAPTER III. CREDIT UNIONS.","Article 14E. Direction of Affairs."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_54/GS_54-109.47.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:32Z","sha256":"acbf3af831913fc986c7d53939522c58b870c9be4d6b458c56c7074c646ce35d","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-54-109.46","next":"us-nc/n.c.-gen.-stat.-54-109.48"},"notice":"GroundRules: Original legal text. Not legal advice."}