§ 54-110.1 Definition and purposes
§ 54-110.2 Membership
§ 54-110.3 Charter and name exclusive
§ 54-110.4 Organization
§ 54-110.5 Powers and privileges
§ 54-110.6 Participation in central system
§ 54-110.7 Right of set-off; security interest
§ 54-110.8 Fees
§ 54-110.9 Reserves
§ 54-110.10 Applicability of Article

Terms Used In North Carolina General Statutes > Chapter 54 > Article 15A - Corporate Credit Union

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.