N.C. Gen. Stat. § 54C-44

Current through Session Law 2024-53

Section 54C-44 - Stock dividends

No dividend on stock shall be paid unless the savings bank has the prior written approval of the Commissioner of Banks, except as provided in any rules that the Commissioner of Banks may adopt.

N.C. Gen. Stat. § 54C-44

Amended by 2001-193, s. 16, eff. 7/1/2001.

1991, c. 680, s. 1.