AN ACT TO SPECIFY FEES FOR RECORDING INSTRUMENTS GOVERNED BY THE UNIFORM COMMERCIAL CODE WITH REGISTERS OF DEEDS. Enacted April 11, 2015. Effective October 1, 2015.
Summary date: Aug 12 2015 - View summary
Summary date: Apr 15 2015 - View summary
Senate committee substitute makes the following changes to the 1st edition.
Amends GS 161-10(a)(13) to clarify that the fees applying to services related to financing statements or other specified records do not apply to the recording or the satisfaction of a deed of trust or mortgage when it acted as a fixture filing or financing statement covering as-extracted collateral or timber to be cut.
Summary date: Mar 24 2015 - View summary
Amends the uniform fees statute for registers of deeds found in GS 161-10 to provide a fee structure for services related to financing statements or other records, including $38 for filing and indexing financial statements or records with two or fewer pages; for filing and indexing financial statements or records with more than two pages, $45 for the first 10 pages plus $2 for each additional page; and a $38 fee for responding to an information request and other specified communications. Sets out actions and activities to which the above provisions do not apply.
Amends GS 25-9-525 making technical, clarifying, and conforming changes.
Effective October 1, 2015, applying to instruments registered on or after that date.