North Carolina General Statutes 54C-178. Regional reciprocal acquisitions
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Terms Used In North Carolina General Statutes 54C-178
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
State savings banks and holding companies thereof shall have the same powers to acquire and be acquired as State associations and their savings and loan holding companies under Article 3A of Chapter 54B of the N.C. Gen. Stat.. For this purpose, the term “association” as used in Article 3A of Chapter 54B of the N.C. Gen. Stat. shall include a State savings bank chartered under this Chapter, and the term “savings and loan holding company” shall include holding companies of State savings banks chartered under this Chapter. (1991, c. 680, s. 1.)