North Carolina Administrative Code
Title 04 - COMMERCE
Chapter 03 - BANKING COMMISSION
Subchapter C - BANKS
Section .0800 - MISCELLANEOUS REPORTS AND APPROVALS
Section 03C .0905 - INVESTMENT AUTHORITY
A bank may invest in mutual funds to the same extent and
within the same limitation as permitted for national banks by statute,
regulation, or interpretation of the applicable federal regulator, as reflected
in the U.S. Office of the Comptroller of Currency "Investment Securities:
Comptroller's Handbook" (Section 203) or their written interpretations that is
hereby incorporated by reference and shall include any later amendments and
editions of the referenced material. This information may be obtained from the
Office of the Comptroller of Currency website at
Authority
G.S.
53C-5-2;
Eff. October 1,
2014;
Pursuant to
G.S.
150B-21.3A, rule is necessary without
substantive public interest Eff. October 3,
2017.
