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N.C. Gen. Stat. § 54B-43

Stock dividends

North Carolina · North Carolina General Statutes Chapter 54B — Chapter 54B. · Status: effective

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N.C. Gen. Stat. § 54B-43, Stock dividends, North Carolina, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1314031
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Stock dividends. No dividend on stock shall be paid unless the association has the prior written approval of the Commissioner of Banks. (1981, c. 282, s. 3; 1983, c. 144, s. 7; 1989, c. 76, s. 9; 2001-193, s. 16.)