For purposes of this Article, the following definitions apply:

(1) “Depository institution” has the same meaning as set forth in the Federal Deposit Insurance Act, 12 U.S.C. §§ 1811, et seq.

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Terms Used In North Carolina General Statutes 53-158.10

  • following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3

(2) “Hazardous condition” has the same meaning as set forth in N.C. Gen. Stat. § 53-301(a)(23).

(3) “Trust institution” has the same meaning as set forth in N.C. Gen. Stat. § 53-301(a)(52). (2011-339, s. 7.)