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N.C. Gen. Stat. § 54B-163

Methods of loan repayment

1981, c. 282, s. 3; 2001-193, s. 16.

Subject to such rules and regulations as the Commissioner of Banks may prescribe, an association shall agree in writing with borrowers as to the method or plan by which an indebtedness shall be repaid.

Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.