Company: North Carolina General Assembly

North Carolina Attorney General Opinion

§ 53‑139.  Capital stock.
The amount of capital stock with which any industrial bank shall commence business shall not be less than fifty percent (50%) of that which would be required of a commercial bank under the provisions of G.S. 53‑2. (1923, c. 225, s. 4; C.S., s. 225(d); 1967, c. 789, s. 18.)

G.S. 53-139		Page