{"data":{"id":"us-nc/n.c.-gen.-stat.-54b-243","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 54B-243","heading":"Reserve for losses.","body":"A mutual deposit guaranty association shall maintain at all times an amount of funds equal to no less than one percent (1%) of its insured liability to cover losses of its members. These funds may include cash, investments, and reinsurance. (1981, c. 282, s. 3.)","path":["Chapter 54B. Savings and Loan Associations.","Article 12. Mutual Deposit Guaranty Associations."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_54B/GS_54B-243.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:42Z","sha256":"fd134645c8cdd4ca50dc5d1894e0f51527d7ff766fedef2b20ced628da854f56","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-54b-242","next":"us-nc/n.c.-gen.-stat.-54b-244"},"notice":"GroundRules: Original legal text. Not legal advice."}
