45-82.4. Prepayment penalty.
Except as provided in G.S. 24-9(c), no prepayment penalty may be charged with respect to an equity line of credit. (2011-312, s. 25.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 45 - Mortgages and Deeds of Trust
Article 9 - Instruments to Secure Equity Lines of Credit.
§ 45-82 - Priority of equity line security instrument.
§ 45-82.1 - Extension of period for advances.
§ 45-82.2 - Request to terminate an equity line of credit.
§ 45-82.3 - Notice regarding future advances.
§ 45-82.4 - Prepayment penalty.