A savings bank may invest in stock or other evidences of indebtedness or obligations of Fannie Mae, the Federal Home Loan Mortgage Corporation, or any other federal government sponsored enterprise, or any successor thereto.
N.C. Gen. Stat. § 54C-136
Federal government-sponsored enterprise obligations
1991, c. 680, s. 1; 2001-487, s. 14(e).
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.