An out-of-state association that establishes a branch in North Carolina may engage in all the activities authorized by North Carolina law for a State association except to the extent that such activities have been expressly prohibited by the state supervisor of the out-of-state association or the laws of the out-of-state association's home state.
N.C. Gen. Stat. § 54B-271
Powers
Known as the North Carolina Savings and Loan Interstate Branch Act
The act spans §§ 54–54 (14 sections).
1993, c. 191, s. 2.
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.