Bill Summary for S 386 (2015-2016)

Summary date: 

Mar 24 2015

Bill Information:

View NCGA Bill Details2015-2016 Session
Senate Bill 386 (Public) Filed Tuesday, March 24, 2015
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

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. 

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