A BILL TO BE ENTITLED AN ACT TO AUTHORIZE CLERKS OF SUPERIOR COURT TO DETERMINE THE REASONABLENESS OF COUNSEL FEES PAID TO AN ATTORNEY SERVING AS A TRUSTEE IN A POWER OF SALE FORECLOSURE PROCEEDING. Enacted June 12, 2013. Effective June 12, 2013.
Bill Summaries: H407 (2013-2014 Session)
Summary date: Jun 13 2013 - View summary
Bill H 407 (2013-2014)Summary date: Apr 10 2013 - View summary
House committee substitute makes the following changes to the 1st edition.
Amends GS 45-21.31(a1), providing that counsel fees are presumed reasonable if in compliance with GS 6-21.2(1) and (2). Allows the clerk of superior court to deem higher fees reasonable.
Bill H 407 (2013-2014)Summary date: Mar 21 2013 - View summary
Amends GS 45-21.31 to allow the clerk of superior court in the county where a sale has been held to allow reasonable counsel fees to an attorney serving as a trustee where the attorney, on behalf of the trustee, renders services as an attorney that are different from the services normally performed by a trustee and of a type which would reasonably justify the retention of legal counsel by a trustee who is not licensed to practice law.