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Periodic Review of Rules Pursuant to N.C.G.S. § 150B-21.3A
Periodic Review of Rules
The North Carolina Office of the Commissioner of Banks (“NCCOB”) Rules Review web page has been developed to assist in implementing the requirements of N.C.G.S. §150B-21.3A (Periodic Review of Existing Rules). An initial review will be completed for agency rules in 2018 for 04 NCAC 16, Savings Institutions Division, Savings Institutions Commission. Thereafter, NCCOB's rules will be reviewed on a 10-year review cycle, on a schedule established by the Rules Review Commission.
"Public comment" is defined by N.C.G.S. 150B-21.3A(a)(5) as a written objection to all or part of a rule. Additionally, pursuant to N.C.G.S. 150B-21.3A(c)(2), in order for the Rules Review Commission to determine whether the public comment has merit, the public comment must address the specific substance of the rule and address any of the standards of Commission review, as set forth in G.S. 150B-21.9(a).
Public comments regarding these rules will be accepted during the period of April 12, 2018 until the close of business on June 12, 2018.