\nAs used in this Article, unless the context clearly requires otherwise, the following definitions apply:\n(1) Repealed by Session Laws 2004-203, s. 35(b), effective August 17, 2004.\n(2) 'Branch' means a full service office of a savings bank through which it renders a savings bank service other than its principal office. A savings bank may engage in any authorized function or service through an authorized branch office.\n(3) 'Commission' means the State Banking Commission.\n(4) 'Home state' means (i) as to a state-chartered savings bank, the state which granted the savings bank its charter, and (ii) as to a federal savings bank, the state in which the savings bank has its principal office.\n(5) 'Out-of-state' savings bank means a savings bank granted a charter by any state other than this State and whose principal office is not located in this State.\n(6) 'Savings bank' means a state savings bank or a federal savings bank, unless limited by use of the words 'State' or 'federal'.\n(7) 'State savings bank' means a depository institution chartered under the laws of this State.\n(8) 'Supervisor' means the state savings bank supervisor or equivalent state ds 'State' or 'federal'.\n(7) 'State savings bank' means a depository institution chartered under the laws of this State.\n(8) 'Supervisor' means the state savings bank supervisor or equivalent state official having primary regulatory authority over an out-of-state savings bank. (1993, c. 191, s. 3; 2001-193, ss. 16, 17; 2004-203, s. 35(b).)
North Carolina Legal Code