Bill Summary for H 312 (2011-2012)

Summary date: 

Mar 9 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
House Bill 312 (Public) Filed Wednesday, March 9, 2011
AMENDING THE METHODS FOR RECORDING SATISFACTION OF A SECURITY INSTRUMENT WITH THE REGISTER OF DEEDS, CLARIFYING THE REQUIREMENTS FOR ELECTRONICALLY REGISTERING PLATS WITH THE REGISTER OF DEEDS, AND AMENDING RESTRICTIONS ON ACCESS TO MILITARY DISCHARGE DOCUMENTS RECORDED WITH THE REGISTER OF DEEDS.
Intro. by Haire, Stevens, Stam, Spear.

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Bill summary

Amends various sections of GS Chapter 45 governing the methods of recording satisfaction of a security instrument, including methods for appointment of trustee upon renunciation of representative (GS 45-6); methods for requests for copies of notice (GS 45-21.17A(b)); methods for satisfaction of any security instrument intended to secure the payment of money or the performance of any other obligation registered as required by law (GS 45-37(a)); methods for recording (now indexing) satisfactions of security instruments (GS 45-37.2); methods for discharge of recorded instruments (GS 45-73); and repealing GS 45-36.9(e). Also clarifies requirements for electronic registering of plats and subdivision maps (new GS 47-30(o)), effective October 1, 2011. Clarifies that the widow or widower of a member of the military is authorized to have access to military discharge documents on file with the register of deeds (GS 47-113.2(b)(1)), effective when the act becomes law. Effective October 1, 2011, unless otherwise indicated.

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