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

PUBLISHED

N.C.G.S. § 54-70

Bonds as investments.

Effective date
2026-08-08
Last verified
2026-08-09
Source
official source
Revision history
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The bonds of a land mortgage association shall be a legal investment for savings associations, trust companies, or other financial institutions chartered under the laws of this State and shall also be a legal investment for trustees, executors, administrators, or custodians of public or private funds, or corporations, partnerships or associations. (1925, c. 223, s. 22.)

Reviewed 2026-08-09 · source_verified