North Carolina Administrative Code (Last Updated: November 13, 2014) |
TITLE 04. COMMERCE |
CHAPTER 16. SAVINGS INSTITUTIONS DIVISION, SAVINGS INSTITUTIONS COMMISSION |
SUBCHAPTER K. TRUST POWERS |
04 NCAC 16K .0106. AUDIT OF TRUST DEPARTMENT
Latest version.
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At least once during each calendar year, the savings institution's trust department shall be audited by independent auditors. A copy of the report of the audit shall be promptly filed with the Administrator.
History Note: Filed as a Temporary Amendment Eff. October 2, 1991 for a period of 180 days to expire on
March 31, 1992;
Statutory Authority G.S. 54B‑55; 54B‑77; 54C‑53; 54C‑146;
Eff. November 1, 1982;
Amended Eff. February 15, 1992; July 1, 1990.