N.C. Gen. Stat. § 53-345

Current through Session Law 2024-56
Section 53-345 - Engaging in commerce prohibited

Except as otherwise provided by this Part, or by rules, orders, or declaratory rulings of the Commissioner, a State trust company shall not engage in trade or commerce by buying, selling, or otherwise dealing in goods, or by conducting business other than trust business and trust marketing, except as necessary to fulfill a fiduciary obligation to a client.

N.C. Gen. Stat. § 53-345

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