Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 53c-4-7 — North Carolina Law | CourtGPT
  1. Home/
  2. Laws/
  3. North Carolina/
  4. Chapter 53c - Regulation of Banks/
  5. Article 4/
  6. § 53c-4-7
North Carolina Legal Code

§ 53c-4-7

Ask AI about this
\nProvided a bank does not make distributions that reduce its capital below its applicable required capital, the board of directors of a bank may declare such distributions as it deems proper. (2012-56, s. 4.)