N.C. Gen. Stat. § 54C-103

Current through Session Law 2024-58
Section 54C-103 - Duties and liabilities of officers and directors to their associations

Officers and directors of a State savings bank shall act in a fiduciary capacity towards the savings bank and its members or stockholders. They shall discharge duties of their respective positions in good faith, and with that diligence and care which ordinarily prudent persons would exercise under similar circumstances in like positions.

N.C. Gen. Stat. § 54C-103

1991, c. 680, s. 1.