§31C-1-2. Authority of commissioner and board of banking and financial institutions.
The commissioner of the department of banking shall be
responsible for the supervision and regulation of credit unions
incorporated under this chapter or previously incorporated under
this code. The commissioner is specifically charged with
administering the supervisory and regulatory responsibilities set
forth in this chapter, in conjunction with the board of banking and
financial institutions as set forth in section two, article three,
chapter thirty-one-a of this code.