N.C. Gen. Stat. § 53-367

Current through Session Law 2024-56
Section 53-367 - Commissioner shall have supervision over authorized trust institutions and shall examine

Every authorized trust institution shall be under the supervision of the Commissioner. The Commissioner may periodically examine and require reports from authorized trust institutions, and shall execute and enforce, through examiners and any other agents as are now or may hereafter be created or appointed, all laws and all rules, orders, and declaratory rulings relating to authorized trust institutions. All authorized trust institutions shall conduct their business in a manner consistent with all laws and all rules, orders, and declaratory rulings that may be adopted or issued by the Commissioner relating to authorized trust institutions.

N.C. Gen. Stat. § 53-367

Added by 2001-263, s. 1, eff. 7/1/2001.