State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_53 > GS_53-121

§53‑121.  Examiners may make arrest.

When it shall appear to anyexaminer, by examination or otherwise, that any officer, agent, employee,director, stockholder, or owner of any bank has been guilty of a violation ofthe criminal laws of this State relating to banks, it shall be his duty, and heis hereby empowered to hold and detain such person or persons until a warrantcan be procured for his arrest; and for such purposes such examiners shall haveand possess all the powers of peace officers of such county, and may makearrest without warrant for past offenses. Upon report of his action to theCommissioner of Banks, said Commissioner may direct the release of the personor persons so held, or, if in his judgment such person or persons should beprosecuted, the Commissioner of Banks shall cause the district attorney of theprosecutorial district in which such detention is had to be promptly notified,and the action against such person or persons shall be continued a reasonabletime to enable the district attorney to be present at the trial. (1921,c. 4, s. 76; C.S., s. 223(e); 1931, c. 243, s. 5; 1973, c. 47, s. 2; 1987 (Reg.Sess., 1988), c. 1037, s. 91.)