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§ 53.139 — North Carolina Law | CourtGPT
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North Carolina Legal Code

§ 53.139

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\nThe amount of capital stock with which any industrial bank shall commence business shall not be less than fifty percent (50%) of that which would be required of a commercial bank under the provisions of G.S. 53-2. (1923, c. 225, s. 4; C.S., s. 225(d); 1967, c. 789, s. 18.)

Source: https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/ByChapter/Chapter_53.html· Version 2026