SECTION .0500 ‑ DEPOSIT ACCOUNTS
04 NCAC 16E .0501 SIGNATURE CARDS
When a savings bank issues a deposit account, it shall
obtain and preserve in its records a card containing the signature of the
account holder, or his duly authorized representative, for the comparison of
signatures or for other purposes; provided however, it shall not be necessary
to obtain more than one signature card for accounts held by an account holder
in the same name or capacity.
History Note: Filed as a Temporary Adoption Eff. October
2, 1991 for a period of 180 days to expire on
March 31, 1992;
Statutory Authority G.S. 54C‑53; 54C‑164;
Eff. February 15, 1992.