§ 53C-7-101 Control transactions
§ 53C-7-102 Application regarding a control transaction
§ 53C-7-103 Public notice
§ 53C-7-104 Actions on control transaction applications
§ 53C-7-105 Appeal
§ 53C-7-201 Combination authority
§ 53C-7-202 Combination application and investigation
§ 53C-7-203 Decision on application
§ 53C-7-204 Interim banks
§ 53C-7-205 Fiduciary powers and liabilities in a combination or a transferring of assets and liabilities
§ 53C-7-206 Combination with federally chartered institution
§ 53C-7-207 Combination with a nonbank subsidiary
§ 53C-7-209 Appeal
§ 53C-7-301 Conversion to a North Carolina bank charter
§ 53C-7-302 Appeal
§ 53C-7-303 Conversion by North Carolina bank

Terms Used In North Carolina General Statutes > Chapter 53C > Article 7 - Control Transactions; Combinations; Conversions

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • capital: as used in this Chapter shall mean an amount equal to the amount calculated by application of the definition of such replacement term. See North Carolina General Statutes 53C-1-4
  • Contract: A legal written agreement that becomes binding when signed.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Executor: A male person named in a will to carry out the decedent
  • Fiduciary: A trustee, executor, or administrator.
  • following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • in writing: may be construed to include printing, engraving, lithographing, and any other mode of representing words and letters: Provided, that in all cases where a written signature is required by law, the same shall be in a proper handwriting, or in a proper mark. See North Carolina General Statutes 12-3
  • Intestate: Dying without leaving a will.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Quorum: The number of legislators that must be present to do business.
  • Service of process: The service of writs or summonses to the appropriate party.
  • 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
  • Trustee: A person or institution holding and administering property in trust.
  • United States: shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3