N.C. Gen. Stat. § 53-397
Disposition of books and records
North Carolina · North Carolina General Statutes Chapter 53 — Chapter 53. · Status: effective
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- N.C. Gen. Stat. § 53-397, Disposition of books and records, North Carolina, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1313640
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Full text
Disposition of books and records. All fiduciary records relating to the administration of particular accounts shall be turned over to the successors in charge of administration of the accounts. All other books, papers, and records of a State trust company that has been finally liquidated shall be deposited by the receiver in the office of the clerk of the superior court of the county in which the action is pending, or in any other place as in the clerk's judgment, after consultation with the Commissioner, will provide for the proper safekeeping and protection of those books, papers, and records. Such books, papers, and records shall be held subject to the orders of the clerk of the superior court of the county in which the action is pending, including orders necessary for preserving the confidentiality of any information relating to accounts contained in those books, papers, and records. (2001-263, s. 1.)