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Laws of North Carolina (Last Updated: May 12, 2015) |
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Chapter58. Insurance. |
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Article19. Insurance Holding Company System Regulatory Act |
§58-19-2. Compliance with federal law
Latest version.
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(a) As used in this section, "depository institution" has the same meaning as in section 3 of the Federal Deposit Insurance Act, 12 U.S.C. § 1813, and includes any foreign bank that maintains a branch, an agency, or a commercial lending company in the United States.
(b) With respect to affiliations between a depository institution or any affiliate of a depository institution and any insurer, the provisions of section 104(c) of the Gramm-Leach-Bliley Act, P.L. 106-102, shall apply to this Article.
(2001-215, s. 2.)