State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_53 > GS_53-83

§53‑83.  Examining committee of directors.

A committee of at least threedirectors or stockholders shall be appointed annually to examine, or tosuperintend the examination of the assets and the liabilities of the bank, andto report to the board of directors the result of such examination. Thecommittee, with the approval of the board of directors, may provide for suchexaminations by a certified public accountant or clearinghouse examiner in anycity where such examination is provided for by the rules of such clearinghouseassociation. A copy of such report of examination, which is herein required tobe made, attested, and verified under oath by the signature of at least threemembers of such committee, shall forthwith be filed with the Commissioner of Banks.(1921, c. 4, s. 54; C.S., s. 221(f); 1931, c. 243, s. 5.)