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N.C. Gen. Stat. § 53-139

Capital stock

North Carolina · North Carolina General Statutes Chapter 53 — Chapter 53. · Status: effective

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N.C. Gen. Stat. § 53-139, Capital stock, North Carolina, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1313331
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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.)