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Laws of North Carolina (Last Updated: May 12, 2015) |
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Chapter1. Civil Procedure. |
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SubchapterII. LIMITATIONS |
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Article3. Limitations, General Provisions |
§1-33. Actions against bank directors or stockholders
Latest version.
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The limitations prescribed by law do not affect actions against directors or stockholders of any banking association incorporated under the laws of this State, to recover a penalty or forfeiture imposed, or to enforce a liability created by law; but such actions must be brought within three years after the discovery by the aggrieved party of the facts upon which the penalty or forfeiture attached, or the liability was created.
(C.C.P., s. 54; Code, s. 175; Rev., s. 378; C.S., s. 423.)