Bill Summary for H 469 (2023-2024)
Mar 23 2023
|View NCGA Bill Details||2023-2024 Session|
AN ACT TO SUPPLEMENT AND EXTEND PROTECTIONS FROM REAL ESTATE FORECLOSURES FOR OUR SERVICEMEMBERS.Intro. by Cleveland, Shepard.
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Amends GS 45-21.12A (pertaining to the power of sale during periods of military service) extending the time a mortgagee, trustee, or other creditor is barred from executing a power of sale against a mortgagor, debtor, or trustor from 90 days after their military service to 365 days after their military service. Makes a conforming change. Applies to petitions filed on or after the act becomes law.