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§ 54b-243 — North Carolina Law | CourtGPT
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North Carolina Legal Code

§ 54b-243

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\nA mutual deposit guaranty association shall maintain at all times an amount of funds equal to no less than one percent (1%) of its insured liability to cover losses of its members. These funds may include cash, investments, and reinsurance. (1981, c. 282, s. 3.)