North Carolina Administrative Code (Last Updated: November 13, 2014) |
TITLE 04. COMMERCE |
CHAPTER 16. SAVINGS INSTITUTIONS DIVISION, SAVINGS INSTITUTIONS COMMISSION |
SUBCHAPTER I. ACQUISITION OF CONTROL |
04 NCAC 16I .1101. REGISTRATION
Latest version.
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(a) Not later than ten business days after becoming a holding company, each holding company shall register with the Administrator by filing a Registration Statement.
(b) The Administrator may at any time, upon his own motion or otherwise, release a holding company from registration, if the Administrator determines that such company or person no longer controls a stock savings institution.
History Note: Filed as a Temporary Amendment Eff. October 2, 1991 for a period of 180 days to expire on
March 31, 1992;
Authority G.S. 54B‑55: 54B‑261; 54B‑262; 54C‑53; 54C‑195; 54C‑196;
Eff. July 1, 1983;
Amended Eff. February 15, 1992; July 1, 1990; November 1, 1985.