Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter54C. Savings Banks. |
Article7. Loans and Investments |
§54C-135. Deposits in depository institutions
Latest version.
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A savings bank may invest in certificates of deposit, time-insured deposits, savings accounts, demand deposits, or withdrawable accounts of any banks, associations, or savings banks as are approved by the board of directors of the savings bank.
(1991, c. 680, s. 1.)