45-83. Future advances statute shall not apply.
The provisions of Article 7 of this Chapter shall not apply to an equity line of credit or the equity line security instrument securing it, if the equity line security instrument shows on its face that it secures an equity line of credit governed by the provisions of this Article. (1985, c. 207, s. 2; 2011-312, s. 26.)
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.