{"data":{"id":"us-nc/n.c.-gen.-stat.-54c-56","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 54C-56","heading":"Prolonged audit, examination, or revaluation; payment of costs.","body":"(a)\tIf, in the opinion of the Commissioner of Banks, an examination conducted under G.S. 54C-55 fails to disclose the complete financial condition of a savings bank, the Commissioner of Banks may in order to ascertain its complete financial condition:\n(1)\tMake an extended audit or examination of the savings bank or cause an audit or examination to be made by an independent auditor; and\n(2)\tMake an extended revaluation of any of the assets or liabilities of the savings bank or cause an independent appraiser to make a revaluation.\n(b)\tThe Commissioner of Banks shall collect from the savings bank a reasonable sum for actual or necessary expenses of an audit, examination, or revaluation. (1991, c. 680, s. 1; 2001-193, s. 16.)","path":["Chapter 54C. Savings Banks.","Article 4. Supervision."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_54C/GS_54C-56.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:47Z","sha256":"56ad4355bac69bdd9c8b5b994dda43d9ef2307cb02cae2b951c5a603c0367b2d","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-54c-55","next":"us-nc/n.c.-gen.-stat.-54c-57"},"notice":"GroundRules: Original legal text. Not legal advice."}