NORTH CAROLINA GENERAL ASSEMBLY

1979 SESSION

CHAPTER 630

HOUSE BILL 958

AN ACT TO AUTHORIZE THE DETERMINATION AND COLLECTION OF CERTAIN FEES BY THE SAVINGS AND LOAN DIVISION.

The General Assembly of North Carolina enacts:

Section 1.  Article 4 of Chapter 54 is amended to add a new section G.S. 54-25.1 to read as follows:

"§ 54-25.1.  Other fees. — The Administrator, subject to the advice and consent of the Savings and Loan Commission, shall on or before June 1 of each year, determine and fix the fee schedule for the fees to be collected from applicants to defray the costs of processing charter, branch, merger, conversion, location change and name change applications, and for the fees to be collected from State-chartered associations for supervision by the Savings and Loan Division."

Sec. 2.  This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 23rd day of May, 1979.