{"data":{"id":"us-nc/n.c.-gen.-stat.-54-109.5","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 54-109.5","heading":"Use of name exclusive.","body":"With the exception of a credit union organized under the provisions of Articles 14A to 14L of this Chapter or of any other credit union act, or an association of credit unions or a recognized chapter thereof, any person, corporation, copartnership or association using a name or title containing the words \"credit union\" or any derivation thereof or representing themselves in their advertising or otherwise as conducting business as a credit union shall be guilty of a Class 1 misdemeanor, and may be permanently enjoined from using such words in its name. (1915, c. 115, s. 4; C.S., s. 5214; 1925, c. 73, s. 3; 1935, c. 87; 1941, c. 236; 1975, c. 538, s. 1; 1993, c. 539, s. 428; 1994, Ex. Sess., c. 24, s. 14(c).)","path":["Chapter 54. Cooperative Organizations.","SUBCHAPTER III. CREDIT UNIONS.","Article 14A. Formation of Credit Union."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_54/GS_54-109.5.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:32Z","sha256":"eed8ed6f2d26a246f816c2c0827c9aefbd714f35c32224a287fba9ef5e783ae9","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-54-109.4","next":"us-nc/n.c.-gen.-stat.-54-109.6"},"notice":"GroundRules: Original legal text. Not legal advice."}