N.C. Gen. Stat. § 45-67

Definitions.

Last amended: 2009Year: 2026Length: 72 wordsOfficial source
§ 45-67. Definitions. The following definitions apply in this Article: (1) Advance. - A disbursement of funds or other action that increases the outstanding principal balance owing on an obligation for the payment of money. (2) Security instrument. - A mortgage, deed of trust, or other instrument relating to real property securing an obligation or obligations to a person, firm, or corporation specifically named in such instrument for the payment of money.
N.C. Gen. Stat. § 45-67: Definitions. | Justis AI