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Can you summarize NCGS Chapter 53, Article 11?
Regulation of Financial Services > Industrial Banks
Short Summary
The provided legal document content pertains to the regulation of industrial banks in North Carolina. Industrial banks are financial institutions that engage in banking activities such as accepting deposits and making loans. The document outlines the rules and regulations that govern the operation of industrial banks in the state. It applies to entities operating as industrial banks in North Carolina. The document does not mention any specific exemptions. However, it is important to note that penalties for non-compliance or violation of the regulations are not specified in the provided document.
Whom does it apply to?
Entities operating as industrial banks in North Carolina
What does it govern?
Industrial Banks
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Penalties for non-compliance or violation of the regulations governing industrial banks in North Carolina are not specified in the provided document.
Jurisdiction
North Carolina