Section .1600 – Fees

Link to law: http://reports.oah.state.nc.us/ncac/title 04 - commerce/chapter 03 - banking commission/subchapter c/04 ncac 03c .1601.html
Published: 2015

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now
SECTION .1600 – FEES

 

04 NCAC 03C .1601          FEES, COPIES AND PUBLICATION COSTS

(a)  For applications, petitions, and other proceedings to be

filed with the Commissioner of Banks, the following fees shall be paid to the

Commissioner of Banks  at the time of filing:

(1)           Application for the Formation of a New Bank

or State Trust Institution                 $8,000.00

(2)           Application to Merge or Consolidate Banks,

State Trust

Institutions, or Bank Holding

Companies      (fee is per institution)                          $5,000.00

(3)           Application for Reorganization Into a Bank

Holding Company Through              $3,000.00

an Interim Bank                                                  (fee

is per bank)

(4)           Application for Bank or Bank Holding

Company Change in Control                     $5,000.00

(5)           Application for Conversion of a National Bank

to State Charter                             $2,500.00

(6)           Application for Voluntary Liquidation                                                                           $3,000.00

(7)           Application for Conversion of a Savings and

Loan Association or a Savings        $2,500.00

Bank to a State Bank

(b)  The fees set forth in Paragraph (a) of this Rule are

for standard applications, petitions, and other proceedings filed and

considered in the ordinary course of business.  Any application, petition, or

other proceeding that in the opinion of the Commissioner of Banks requires

extraordinary review, investigation, or special examination shall be subject to

the actual costs of additional expenses and the hourly rate for the staff's

time to be determined annually by the Banking Commission.  The Commissioner of

Banks shall advise an applicant or petitioner in advance of any additional work

required and the hourly rate for the same.  The hourly rate shall be:

(1)           For Senior Administrative staff                                                                                        $75.00

(2)           For Senior Examination Staff                                                                                           $50.00

(3)           For Financial Program Manager                                                                                       $35.00

(4)           For Financial Examiner                                                                                                      $25.00

(c)  Unless otherwise stated, publications externally

printed may be obtained at a cost equal to the actual cost of printing plus

shipping and handling.  All other publications or public record copies are

available at the "actual cost" as defined in G.S. 132-6.2(b) for

making the copy and mailing cost if applicable.  The Office of the Commissioner

of Banks shall provide its "actual cost" on the agency's website.

 

History Note:        Authority G.S.53C-3-1; 53C-5-2;

53C-7-101; 53C-7-201; 53C-7-207; 53C-7-301; 53C-10-102; 53C-10-103; 53C-10-201;

54B-34.2; 54C-47;

Eff. July 1, 1990;

Amended Eff. October 1, 2014; June 1, 2004; June 1, 1995;

May 1, 1992; July 1, 1991.