North Carolina Administrative Code
Title 20 - STATE TREASURER
Chapter 07 - COLLATERALIZATION OF DEPOSITS
Section .0100 - GENERAL
Section 07 .0107 - DUTY OF DEPOSITORY
Universal Citation: 20 NC Admin Code 07 .0107
Current through Register Vol. 39, No. 6, September 16, 2024
By accepting public deposits, the depository assumes the duty and responsibility of maintaining adequate collateral as provided by law and in accordance with the provisions of this Chapter, for all uninsured deposits in accounts for which the public depositor has notified the depository pursuant to Rule .0103 of this Chapter.
Authority
G.S.
115C-444(b);
147-79;
159-31(b);
Eff. September 1, 1988;
Amended Eff. April 1, 1994;
Pursuant to
G.S.
150B-21.3A, rule is necessary without
substantive public interest Eff. April 5,
2016.
Disclaimer: These regulations may not be the most recent version. North Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
