A practice question asks about temporary authority. Which answer best matches the official North Carolina rule?
Correct Answer
B) North Carolina recognizes temporary authority under 12 U.S.C. 5117, and NCCOB guidance ties qualifying temporary-authority applicants to a 120-day PE completion window.
North Carolina recognizes temporary authority under 12 U.S.C. 5117, and NCCOB guidance ties qualifying temporary-authority applicants to a 120-day PE completion window. North Carolina recognizes temporary authority for certain covered individuals under 12 U.S.C. 5117, and NCCOB guidance ties temporary-authority applicants to a 120-day PE completion window.
Why This Is the Correct Answer
North Carolina recognizes temporary authority under 12 U.S.C. 5117, and NCCOB guidance ties qualifying temporary-authority applicants to a 120-day PE completion window. North Carolina recognizes temporary authority for certain covered individuals under 12 U.S.C. 5117, and NCCOB guidance ties temporary-authority applicants to a 120-day PE completion window.
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