SUBCHAPTER 16D ‑ OPERATION OF SAVINGS ASSOCIATIONS

SECTION .0100 ‑ DIRECTORS: OFFICERS AND EMPLOYEES

04 NCAC 16D .0101         COMPOSITION OF BOARD OF DIRECTORS

History Note:        Authority G.S. 54B‑55;

Eff. August 31, 1981;

Amended Eff. April 15, 1993; February 15, 1992; July 1, 1990; September 1, 1984;

Repealed Eff. November 1, 2017.

04 NCAC 16D .0102         PROHIBITED TRANSACTIONS

History Note:        Authority G.S. 54B‑55;

Eff. August 31, 1981;

Amended Eff. January 1, 1984; April 1, 1983;

Repealed Eff. July 1, 1990.

04 NCAC 16D .0103         BYLAWS

History Note:        Authority G.S. 54B-2; 54B-9; 54B-52; 54B-55; 54C-2; 54C-9; 54C-52; 54C-53;

Eff. August 31, 1981;

Amended Eff. December 1, 2011;

Repealed Eff. November 1, 2017.

04 NCAC 16D .0104         INSIDER LOAN LIMITATIONS

History Note:        Authority G.S. 54B‑154;

Eff. April 1, 1982;

Amended Eff. July 1, 1983;

Repealed Eff. July 1, 1990.

04 NCAC 16D .0105         AMENDMENT OF CONVERTED ASSOCIATION'S CHARTER

History Note:        Authority G.S. 54B‑33;

Eff. December 1, 1984;

Repealed Eff. April 15, 1993.

SECTION .0200 ‑ PROXIES

04 NCAC 16D .0201         VOTING BY PROXY

04 NCAC 16D .0202         FORM OF PROXY

04 NCAC 16D .0203         HOLDERS OF PROXIES

04 NCAC 16D .0204         PROXY SOLICITATION

History Note:        Authority G.S. 54B‑55; 54B‑105;

Eff. August 31, 1981;

Amended Eff. December 6, 1991; July 1, 1990;

Repealed Eff. November 1, 2017.

SECTION .0300 ‑ RECORDS

04 NCAC 16D .0301         GENERAL POLICIES

04 NCAC 16D .0302         RETENTION: REPRODUCTION AND DISPOSITION OF RECORDS

History Note:        Authority G.S. 54B-2; 54B-9; 54B-21; 54B-52; 54B-55; 54C-2; 54C-52; 54C-53;

Eff. August 31, 1981;

Amended Eff. December 1, 2011; February 15, 1992; July 1, 1990; April 1, 1987; January 1, 1984; July 1, 1983;

Repealed Eff. November 1, 2017.

SECTION .0400 ‑ LOANS

04 NCAC 16D .0401         SERVICING LOANS

04 NCAC 16D .0402         APPRAISALS

04 NCAC 16D .0403         RECORDS WITH RESPECT TO LOAN

History Note:        Authority G.S. 54B‑55; 54B‑161;

Eff. August 31, 1981;

Amended Eff. February 15, 1992; July 1, 1990; November 1, 1985;

Repealed Eff. November 1, 2017.

04 NCAC 16D .0404         ALTERNATIVE MORTGAGE INSTRUMENTS

History Note:        Authority G.S. 54B‑55; 54B‑163;

Eff. August 31, 1981;

Amended Eff. July 1, 1990; October 1, 1987;

Repealed Eff. February 15, 1992.

04 NCAC 16D .0405         UNSECURED LOANS LIMIT

History Note:        Authority G.S. 54B‑55; 54B‑151;

Eff. August 31, 1981;

Amended Eff. July 1, 1990;

Repealed Eff. November 1, 2017.

04 NCAC 16D .0406         ACCOUNTING FOR GAINS AND LOSSES

History Note:        Authority G.S. 54B‑55;

Eff. December 1, 1981;

Amended Eff. April 1, 1984;

Repealed Eff. July 1, 1990.

04 NCAC 16D .0407         LOANS TO ONE BORROWER

History Note:        Authority G.S. 54B-55; 54B-164;

Eff. July 1, 1983;

Amended Eff. December 1, 2011; February 15, 1992; July 1, 1990; November 1, 1985; January 1, 1985;

Repealed Eff. November 1, 2017.

04 NCAC 16D .0408         ACCOUNTING FOR UNCOLLECTIBLE INCOME

History Note:        Authority G.S. 54B‑55;

Eff. January 1, 1984;

Repealed Eff. July 1, 1990.

SECTION .0500 ‑ WITHDRAWABLE ACCOUNTS

04 NCAC 16D .0501         SIGNATURE CARDS

04 NCAC 16D .0502         HOLDING OF CERTIFICATE OR PASSBOOK

History Note:        Authority G.S. 54B‑55; 54B‑121;

Eff. August 31, 1981;

Repealed Eff. November 1, 2017.

04 NCAC 16D .0503         NONNEGOTIABLE ORDERS OF WITHDRAWAL

History Note:        Authority G.S. 54B‑55; 54B‑128;

Eff. August 31, 1981;

Repealed Eff. July 1, 1990.

04 NCAC 16D .0504         NEGOTIABLE ORDER OF WITHDRAWAL ACCOUNTS

History Note:        Authority G.S. 54B‑55; 54B‑127;

Eff. August 31, 1981;

Amended Eff. February 1, 1983;

Repealed Eff. November 1, 2017.

04 NCAC 16D .0505         NON‑INTEREST‑BEARING NEGOTIABLE ORDER OF WITHDRAWAL ACCTS.

History Note:        Authority G.S. 54B‑55; 54B‑127;

Eff. August 31, 1981;

Repealed Eff. July 1, 1990.

04 NCAC 16D .0506         CREDIT CARDS

History Note:        Authority G.S. 54B‑55; 54B‑77;

Eff. August 31, 1981;

Repealed Eff. February 15, 1992.

SECTION .0600 ‑ LIQUIDITY FUND

04 NCAC 16D .0601         LIQUIDITY FUND REQUIREMENT

04 NCAC 16D .0602         AMOUNT OF LIQUIDITY FUND

History Note:        Authority G.S. 54B‑55; 54B‑210; 54B‑211;

Eff. August 31, 1981;

Amended Eff. July 1, 1983;

Repealed Eff. July 1, 1990.

SECTION .0700 ‑ GENERAL RESERVE ACCOUNT

04 NCAC 16D .0701         GENERAL RESERVE REQUIREMENTS

History Note:        Authority G.S. 54B‑216;

Eff. December 1, 1981;

Amended Eff. November 1, 1982; October 1, 1982;

Repealed Eff. January 1, 1986.

04 NCAC 16D .0702         REQUIREMENTS FOR NEWLY‑CHARTERED STOCK ASSOCIATIONS

History Note:        Authority G.S. 54B‑216;

Eff. December 1, 1981;

Repealed Eff. November 1, 1982.

04 NCAC 16D .0703         APPRAISED EQUITY CAPITAL

History Note:        Authority G.S. 54B‑216;

Eff. November 1, 1982;

Amended Eff. July 1, 1983;

Repealed Eff. January 1, 1986.

SECTION .0800 ‑ TRUST POWERS

Editor's Note:  4 NCAC 16D .0801 ‑ .0817 was recodified to 4 NCAC 16K .0001 ‑ .0017, effective September 6, 1991.

SECTION .0900 ‑ INVESTMENTS

04 NCAC 16D .0901         SECURITIES

History Note:        Authority G.S. 54B-55; 54B-193; 54C-53; 54C-141;

Eff. October 1, 1987;

Amended Eff. December 1, 2011; July 1, 1990;

Repealed Eff. November 1, 2017.

04 NCAC 16D .0902         STOCK IN OTHER DEPOSITORY INSTITUTIONS

History Note:        Authority G.S. 54B-55; 54B-193; 54C-53; 54C-141;

Eff. July 1, 1990;

Amended Eff. December 1, 2011; February 15, 1992;

Repealed Eff. November 1, 2017.

SECTION .1000 ‑ VOLUNTARY DISSOLUTION

Editor's Note:  4 NCAC 16D .1001 ‑ .1004 was recodified to 4 NCAC 16L .0001 ‑ .0004, effective September 6, 1991.