Colfax is a small unincorporated community located in Guilford County, North Carolina. As of the 2000 census, the CDP had a population of 2,469. Colfax is located at (36.11, -80.01). The community is a suburb of Greensboro and is located in the center of the Piedmont Triad. Its main attraction is the Piedmont Triad Farmers Market, where people shop for fresh food from local farmers. Its main school is the Colfax Elementary School, which is part of the Guilford County School System. It is also the location of one of fifteen Piano and Organ Distributors, one of the largest piano sellers in the country. In 2000, the community attempted to incorporate, but failed after a joint commission found that the proposed limits were not sufficient for incorporation under North Carolina law, lacking under the population density requirement. On June 30, 2008 the city of Greensboro annexed the main part of Colfax into the city limits, though some of Colfax is still unincorporated.

What is banking and finance law?

Banking & Finance Law involves individuals and businesses in transactions with federal and state-chartered financial institutions -- including issues related to bank accounts, negotiable instruments, loans, interest rates, regulatory compliance, taxes, and more. Banking and finance law applies to those individuals and institutions that lend or borrow money. Lenders typically include banks, leasing companies, finance companies and other financial institutions. Borrowers are individuals, corporations, institutions or the government.