GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1991

S	1 

SENATE JOINT RESOLUTION 153

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Sponsors: Senator Staton.

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Referred to:  Banks and Thrift Institutions.

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February 21, 1991

A JOINT RESOLUTION TO COMMEMORATE THE SIXTIETH ANNIVERSARY OF THE NORTH CAROLINA BANKING COMMISSION.
Whereas, on April 2, 1931, the General Assembly created the North Carolina Banking Commission as the administrative agency that charters North Carolina banks and regulates them for the safety of the public and for the economic benefit of the State; and 
Whereas, the first Commissioner of Banks assumed the duties of that office on May 27, 1931; and 
Whereas, the General Assembly has since committed to the charge of the Banking Commission/Commissioner of Banks consumer finance companies in 1945, money transmitters in 1963, preneed funeral trust licensees in 1969, bank holding companies in 1984, mortgage bankers and brokers in 1988, and refund anticipation lenders in 1989; and 
Whereas, the Banking Commission has for 60 years faithfully discharged its duty as a financial regulatory agency; and 
Whereas, due to such diligent oversight and the resulting strength and soundness of North Carolina banks, the North Carolina financial community is viewed as one of the most enviable in the nation;
Now, therefore, be it resolved by the Senate, the House of Representatives concurring:
Section 1.  On May 28, 1991, the General Assembly does hereby officially recognize the sixtieth anniversary of the North Carolina Banking Commission and commends the Commission for its vigilance and for having produced a safe and highly effective banking environment for North Carolina and its people.
Sec. 2.  This resolution is effective upon ratification.