04 NCAC 16K .0106 AUDIT OF TRUST DEPARTMENT
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 filed with the Commissioner of Banks.
History Note: Authority G.S. 54B‑55; 54B‑77; 54C‑53; 54C‑146;
Eff. November 1, 1982;
Amended Eff. July 1, 1990;
Temporary Amendment Eff. October 2, 1991 for a period of 180 days to expire on March 31, 1992;
Amended Eff. November 1, 2017; February 15, 1992.