North Carolina Administrative Code
Title 04 - COMMERCE
Chapter 16 - SAVINGS INSTITUTIONS
Subchapter L - VOLUNTARY DISSOLUTION
Section 16L .0103 - RESCISSION AND CANCELLATION OF DISSOLUTION
Current through Register Vol. 39, No. 6, September 16, 2024
(a) At any time after the filing of the plan of liquidation and prior to the filing of a certificate of dissolution, a voluntary dissolution may be rescinded by filing a statement of revocation of dissolution. The contents of the statement and the proceedings taken to revoke a dissolution shall conform with the adaptations as are appropriate to revocation pursuant to either G.S. 54B-41 or G.S. 54C-42.
(b) Upon the filing of the statement of rescission of dissolution, the rescission of the voluntary dissolution proceedings shall become effective and the savings institution shall be authorized to carry on business.
Authority
G.S.
54B-42;
54B-55;
54C-42;
54C-53;
Eff. October
1, 1987;
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.
