§ 54C-44. Stock dividends.

A savings bank may not pay a stock dividend unless it has prior written approval from the Commissioner of Banks, subject to any rules the Commissioner adopts.

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Jurisdiction: United States — North Carolina
Instrument: Act or statute
Version: Undated source snapshot
Language: en
Official source: View official record ↗

Citation provenance: source:global:stored-legal-sources · schema StatuteEnrichmentPublicV1.

banking corporate distributions

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§ 54C-44. Stock dividends.

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