§ 54B-48.8. Periodic reports; interstate agreements. - North Carolina Statutes

§ 54B‑48.8.  Periodicreports; interstate agreements.

(a)        The Commissioner ofBanks may from time to time require reports under oath in such scope and detailas he may reasonably determine of each Southern Region savings and loan holdingcompany or Southern Region association subject to this Article for the purposeof assuring continuing compliance with the provisions of this Article.

(b)        The Commissioner ofBanks may enter into cooperative agreements with other savings and loanregulatory authorities for the periodic examination of any Southern Regionsavings and loan holding company or Southern Region association that has aNorth Carolina association subsidiary and may accept reports of examination andother records from such authorities in lieu of conducting its own examinations.The Commissioner of Banks may enter into joint actions with other savings andloan regulatory authorities having concurrent jurisdiction over any SouthernRegion savings and loan holding company or Southern Region association that hasa North Carolina association subsidiary or may take such actions independentlyto carry out his responsibilities under this Chapter and assure compliance withthe provisions of this Article and the applicable laws of this State. (1983 (Reg. Sess., 1984), c.1087, s. 1; 2001‑193, s. 16.)