04 NCAC 01F .0205. CONSTRUCTION LOAN LENDER

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A "construction loan lender" will be any financial institution which has an interest in the growth and well‑being of the community to be impacted and the overall State of North Carolina. If a financing institution has a continuing relationship with the industrial builder or with the developer entity, it will not be deemed necessary for the institution to have a branch office within the community to be impacted.

History Note: Authority G.S. 143B‑429; 143B‑430;

Eff. February 11, 1980.

                    
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