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Laws of North Carolina (Last Updated: May 12, 2015) |
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Chapter53. Regulation of Financial Services. |
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Article24. Trust Companies and Interstate Trust Business |
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Part3. State Trust Company Charter Act |
| SUBPART A. General. |
| § 53-330. Title and purposes |
| SUBPART B. Organization and Powers of State Trust Company. |
| § 53-331. Organization and powers of State trust company |
| § 53-332. Articles of incorporation of State trust company |
| § 53-333. Application for State trust company charter and permission to incorporate State trust company |
| § 53-334. Notice and investigation of charter application |
| § 53-335. Decision on charter application and hearing |
| § 53-336. Issuance of charter |
| § 53-337. Required initial capital |
| § 53-338. Subordinated notes or debentures |
| § 53-339. Application of laws relating to general business corporations |
| SUBPART C. Investments and Activities. |
| § 53-340. Investment in State trust company facilities |
| § 53-341. Other real estate |
| § 53-342. Securities and other investments |
| § 53-343. Prohibited distributions, acquisitions, liens, or pledges |
| § 53-344. Subsidiaries |
| § 53-345. Engaging in commerce prohibited |
| § 53-346. Lending and lease financing; conversion to State bank |
| SUBPART D. Ownership; Governance; Mergers. |
| § 53-347. Acquisition of control |
| § 53-348. Application regarding acquisition of control |
| § 53-349. Decision on acquisition of control |
| § 53-350. Appeal |
| § 53-351. Report of changes in chief executive officer or directors |
| § 53-352. Board of directors |
| § 53-353. Required board meetings |
| § 53-354. Officers |
| § 53-355. Certain criminal offenses |
| § 53-356. Responsibility of directors |
| § 53-357. Record keeping |
| § 53-358. Bonding requirements; reports of apparent crime |
| § 53-359. Merger, share exchange, or asset transfer authority |
| § 53-360. Merger, share exchange, or asset transfer application |
| § 53-361. Notice and investigation of merger, share exchange, or asset transfer; decision, hearing, and appeal |
| § 53-362. Appraisal rights of shareholders in mergers, share exchanges, or asset transfers |
| SUBPART E. Private Trust Companies. |
| § 53-363. Private trust companies |
| § 53-364. Requirements to apply for and maintain status as a private trust company |
| § 53-365. Conversion to public trust company |