NORTH CAROLINA GENERAL ASSEMBLY

1969 SESSION

CHAPTER 41

HOUSE BILL 82

AN ACT TO AMEND GS 53-91 TO AUTHORIZE LOANS IN EXCESS OF $2500 TO OFFICERS OF BANKS.

The General Assembly of North Carolina do enact:

Section 1.  G.S. 53-91, as the same appears in the 1967 Cumulative Supplement to Volume 2B of the General Statutes, is hereby amended by deleting in line seventeen (17) the words 'twenty-five hundred dollars' and the figure '($2500.00)' and inserting in lieu thereof the words 'forty-five thousand dollars' and the figure '($45,000.00)'.

Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 7th day of March, 1969.