44-69.1. Effective period for liens on peanuts, cotton and grains.
No chattel mortgage, agricultural lien or other lien of any nature upon peanuts, cotton, soybeans, corn, wheat or other grains shall be effective for any purpose for a longer period than 18 months from the date of sale or the date of delivery to the purchaser, whichever date shall fall last. This section shall not absolve any person from prosecution and punishment for crime. (1955, c. 266; 1975, c. 318.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 12 - Liens on Certain Agricultural Products.
§ 44-69 - Effective period for lien on leaf tobacco sold in auction warehouse.
§ 44-69.1 - Effective period for liens on peanuts, cotton and grains.
§ 44-69.2 - Effective period for liens on fruits and vegetables.
§ 44-69.3 - Liens on tangible and intangible assets of milk distributors.