{"data":{"id":"us-nc/n.c.-gen.-stat.-54b-193","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 54B-193","heading":"Loans on sufficient collateral; other investments.","body":"(a)\tA State association may invest in loans secured by any collateral deemed sufficient by the board of directors to properly secure loans; however, if the collateral consists of stock or equity securities of any kind, the stock or securities must be listed on a national stock exchange or regularly quoted and offered for trade on an over-the-counter market.\n(b)\tSubject to such limitations as the Commissioner of Banks may prescribe by regulation, a State association may invest in any investment deemed appropriate by its board of directors. (1981, c. 282, s. 3; 1981 (Reg. Sess., 1982), c. 1238, s. 19; 2001-193, s. 16.)","path":["Chapter 54B. Savings and Loan Associations.","Article 8. Other Investments."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_54B/GS_54B-193.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:42Z","sha256":"b42d07b3d7b9015468843934307908e963f9c98f2830d6bffee2f215003fec22","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-54b-192","next":"us-nc/n.c.-gen.-stat.-54b-194"},"notice":"GroundRules: Original legal text. Not legal advice."}