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NORTH CAROLINA STATUTES AND CODES

§ 54B-197. Effect of change in law or regulation.

§54B‑197.  Effect of change in law or regulation.

Any loan or investment made bya State association which was in compliance with the law or regulations ineffect at the time such loan or investment was made will remain a legal loan orinvestment even though the power to make such loans or investments in thefuture is amended or revoked. (1981, c. 282, s. 3.)

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