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

PUBLISHED

N.C.G.S. § 54C-200

Definitions.

Effective date
2026-08-08
Last verified
2026-08-09
Source
official source
Revision history
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As used in this Article, unless the context clearly requires otherwise, the following definitions apply: (1) Repealed by Session Laws 2004-203, s. 35(b), effective August 17, 2004. (2) "Branch" means a full service office of a savings bank through which it renders a savings bank service other than its principal office. A savings bank may engage in any authorized function or service through an authorized branch office. (3) "Commission" means the State Banking Commission. (4) "Home state" means (i) as to a state-chartered savings bank, the state which granted the savings bank its charter, and (ii) as to a federal savings bank, the state in which the savings bank has its principal office. (5) "Out-of-state" savings bank means a savings bank granted a charter by any state other than this State and whose principal office is not located in this State. (6) "Savings bank" means a state savings bank or a federal savings bank, unless limited by use of the words "State" or "federal". (7) "State savings bank" means a depository institution chartered under the laws of this State. (8) "Supervisor" means the state savings bank supervisor or equivalent state official having primary regulatory authority over an out-of-state savings bank. (1993, c. 191, s. 3; 2001-193, ss. 16, 17; 2004-203, s. 35(b).)

Reviewed 2026-08-09 · source_verified