Bill Summary for S 386 (2015-2016)
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Summary date:
Apr 15 2015
S.L. 2015-206
Bill Information:
| View NCGA Bill Details | 2015-2016 Session |
AN ACT TO SPECIFY FEES FOR RECORDING INSTRUMENTS GOVERNED BY THE UNIFORM COMMERCIAL CODE WITH REGISTERS OF DEEDS.Intro. by Curtis.
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Bill 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.