AN ACT AMENDING THE METHODS FOR RECORDING SATISFACTION OF A SECURITY INSTRUMENT WITH THE REGISTER OF DEEDS, CLARIFYING THE REQUIREMENTS FOR ELECTRONICALLY REGISTERING PLATS WITH THE REGISTER OF DEEDS, AND AMENDING RESTRICTIONS ON ACCESS TO MILITARY DISCHARGE DOCUMENTS RECORDED WITH THE REGISTER OF DEEDS. Summarized in Daily Bulletin 3/9/11 and 3/24/11. Enacted June 23, 2011. Section 8 is effective June 23, 2011. The remainder is effective October 1, 2011.
Summary date: Jun 30 2011 - View summary
Summary date: Mar 24 2011 - View summary
House committee substitute makes the following changes to 1st edition.
Amends GS 45-37.2(a) to restore language (deleted in previous edition) stating no fee will be charged by the register of deeds for recording a satisfaction document, affidavit of satisfaction, or a trustee's satisfaction.
Summary date: Mar 9 2011 - View summary
Amends various sections of GS Chapter 45 governing the methods of recording satisfaction of a security instrument, including methods for appointment of trustee upon renunciation of representative (GS 45-6); methods for requests for copies of notice (GS 45-21.17A(b)); methods for satisfaction of any security instrument intended to secure the payment of money or the performance of any other obligation registered as required by law (GS 45-37(a)); methods for recording (now indexing) satisfactions of security instruments (GS 45-37.2); methods for discharge of recorded instruments (GS 45-73); and repealing GS 45-36.9(e). Also clarifies requirements for electronic registering of plats and subdivision maps (new GS 47-30(o)), effective October 1, 2011. Clarifies that the widow or widower of a member of the military is authorized to have access to military discharge documents on file with the register of deeds (GS 47-113.2(b)(1)), effective when the act becomes law. Effective October 1, 2011, unless otherwise indicated.