North Carolina Administrative Code
Title 04 - COMMERCE
Chapter 16 - SAVINGS INSTITUTIONS
Subchapter K - TRUST POWERS
Section 16K .0106 - AUDIT OF TRUST DEPARTMENT
Universal Citation: 04 NC Admin Code 16K .0106
Current through Register Vol. 38, No. 18, March 15, 2024
At least once during each calendar year, the savings institution's trust department shall be audited by independent auditors. A copy of the report of the audit shall be filed with the Commissioner of Banks.
Authority
G.S.
54B-55;
54B-77;
54C-53;
54C-146;
Eff.
November 1, 1982;
Amended Eff. July 1, 1990;
Temporary
Amendment Eff. October 2, 1991 for a period of 180 days to expire on March 31,
1992;
Amended Eff. November 1, 2017; February 15, 1992;
Pursuant to
G.S.
150B-21.3A, rule is necessary without
substantive public interest Eff. November 22,
2018.
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