North Carolina Banking Institute
Volume 7
Citation: 7 N.C. Banking Inst.          (2003)

ARTICLES

Bank Governance: An Independent Director's Perspective: John D. "Jay" Cornet 1

An Overview of Some Rules and Principles for Delivering Consumer Disclosures Electronically: R. David Whitaker 11

Replacing Paper Writings With Electronic Records in Consumer Transactions: Purposes, Pitfalls and Principles: Jean Braucher 29

A Case Study of the Challenge of Designing Effective Electronic Consumer Credit Disclosures: The Interim Rule for the Truth in Lending Act: Margot Saunders 39

Discussion Draft of the Proposed North Carolina Bar Association Illustrative Form of Legal Opinion for Uniform Commercial Code Secured Lending Transactions: David L. Batty, Uniform Commercial Code Committee of the Business Law Section of the North Carolina Bar Association 73

NOTES & COMMENTS

I. Anti-Terrorism Banking Issues

Terrorism Insurance and Commercial Real Estate: The New Frontier: Alison R. Orlans 93

The New Indentity Crises: USA PATRIOT Act Customer Identification Programs and the Matricula Consular as Primary Identity Verification for Mexican Nationals: Kathryn Lee Holloman 125

II. Professional Responsibility and Liability in a Post-Enron World

Section 307 of the Sarbanes-Oxley Act: Eroding the Legal Profession's System of Self-Governance?: Stephanie R.E. Patterson 155

Accounting for and Disclosure of Special Purpose Entities by Financial Holding Companies: Lessons from PNC Financial Services: Joyita R. Basu 177

Investment Banking Conflicts: Research Analysts and IPO Allocations: Phillip Ballard Kennedy 199

The National Association of Securities Dealers' Arbitration of Investor Claims Against its Brokers: Taming the Fox that Guards the Henhouse: Paul Joseph Foley 239

III. Updates on North Carolina Real Estate Law

North Carolina's Mortgage Lending Act: Licensing and Regulation of Mortgage Bankers and Brokers: Caroline V. Barbee 263

The Role of Laypersons in the Closing of Residential Real Estate Transactions: North Carolina's New Approach: Janet Kennedy Dawson 277

IV. Payday Lending

The Beginning of the End: The Demise of Bank Partnerships With Payday Lenders: Tasha L. Winebarger 317

The Availability of Statutory Damages Under TILA to Remedy the Sharp Practice of Payday Lenders: Thomas A. Wilson 339

V. State Farm Bank

State Farm Insurance Company: The Unitary Thrift Holding Company Model for Integrated Financial Services: Ryan Melcher 353

VI. PayPal

Online Peer-to-Peer Payments: PayPal Primes the Pump, Will Banks Follow?: Carl Kaminski 375

VII. Credit Union Member Business Lending

Can Credit Union Member Business Loans Meet the Need for More Credit to Small Businesses?: Katherine E. Howell-Best 405

VIII. Holocaust Restitution Efforts

The Victim's Fortune: The Struggle for Restitution for Holocaust Victims: Garrett Perdue 423