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A public reference institution of the State of North Carolina's law

PUBLISHED

N.C.G.S. § 53-139

Capital stock.

Effective date
2026-08-08
Last verified
2026-08-09
Source
official source
Revision history
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The amount of capital stock with which any industrial bank shall commence business shall not be less than fifty percent (50%) of that which would be required of a commercial bank under the provisions of G.S. 53-2. (1923, c. 225, s. 4; C.S., s. 225(d); 1967, c. 789, s. 18.)

Reviewed 2026-08-09 · source_verified