No association may accept its own capital stock or its own mutual capital certificates as security for any loan made by such association. (1981, c. 282, s. 3.)
Prohibited security
N.C. Gen. Stat. § 54B-153
N.C. Gen. Stat. § 54B-153
N.C. Gen. Stat. § 54B-153
N.C. Gen. Stat. § 54B-153
No association may accept its own capital stock or its own mutual capital certificates as security for any loan made by such association. (1981, c. 282, s. 3.)
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