Bill Summary for H 407 (2013-2014)

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Bill: TRUSTEE-ATTY FEE/FORECLOSURES/CLERK APPROVAL.

Summary date: 

Mar 21 2013
S.L. 2013-104

Bill Information:

View NCGA Bill Details(link is external)2013-2014 Session
House Bill 407 (Public) Filed Thursday, March 21, 2013
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.
Intro. by Turner.

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Bill 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.