Section 54C-200 - DefinitionsAs used in this Article, unless the context clearly requires otherwise, the following definitions apply:
(1) Repealed by Session Laws 2004-203, s. 35(b), effective August 17, 2004.(2) "Branch" means a full service office of a savings bank through which it renders a savings bank service other than its principal office. A savings bank may engage in any authorized function or service through an authorized branch office.(3) "Commission" means the State Banking Commission.(4) "Home state" means (i) as to a state-chartered savings bank, the state which granted the savings bank its charter, and (ii) as to a federal savings bank, the state in which the savings bank has its principal office.(5) "Out-of-state" savings bank means a savings bank granted a charter by any state other than this State and whose principal office is not located in this State.(6) "Savings bank" means a state savings bank or a federal savings bank, unless limited by use of the words "State" or "federal".(7) "State savings bank" means a depository institution chartered under the laws of this State.(8) "Supervisor" means the state savings bank supervisor or equivalent state official having primary regulatory authority over an out-of-state savings bank.N.C. Gen. Stat. § 54C-200
Amended by 2004 N.C. Sess. Laws 0203, s. 35.(b), eff. 8/17/2004.Amended by 2001-193, ss. 16 and 17, eff. 7/1/2001.