GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1995

H	1 

HOUSE BILL 1189*

Short Title:  Fin. Inst. Holiday Amended.	(Public)

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Sponsors: Representative Tallent.

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Referred to:  Financial Institutions.

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May 16, 1996

A BILL TO BE ENTITLED
AN ACT TO IMPLEMENT A RECOMMENDATION OF THE LEGISLATIVE RESEARCH COMMISSION'S FINANCIAL INSTITUTIONS ISSUES COMMITTEE TO AUTHORIZE STATE-CHARTERED BANKS, SAVINGS AND LOAN ASSOCIATIONS, AND SAVINGS BANKS TO OBSERVE HOLIDAYS AS DETERMINED BY THEIR BOARDS OF DIRECTORS.
The General Assembly of North Carolina enacts:
Section 1.  G.S. 53-77.2A is repealed.
Sec. 2.  G.S. 53-77.1A reads as rewritten:
"§ 53-77.1A.  Days and hours of operation.
A bank as defined in G.S. 53-1 or G.S. 53-136, or any branch or limited service facility thereof located in this State, may operate on such days and during such hours, and may observe such holidays, as the bank's board of directors shall designate."
Sec. 3.  G.S. 54B-110 reads as rewritten:
"§ 54B-110.  Days and hours of operation.
																Any association may operate on such days and during such hours, and may observe such holidays, as the association's board of directors shall designate."
Sec. 4.  G.S. 54C-175 reads as rewritten:
"§ 54C-175.  Days and hours of operation.
																A savings bank may operate on such days and during such hours, and may observe such holidays, as the savings bank's board of directors shall designate."
Sec. 5.  This act becomes effective September 1, 1996.