North Carolina Statutes
§ 24-13 — Principal amount defined
North Carolina § 24-13
This text of North Carolina § 24-13 (Principal amount defined) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.C. Gen. Stat. § 24-13 (2026).
Text
The aggregate of the amount or value actually received at the time of the loan, plus the charges allowed by G.S. 24-14(b) (c) and (f); plus the sum of all existing indebtedness of the borrower paid on his behalf by the lender, shall be deemed the principal amount of the loan. (1971, c. 1229, s. 2; 1979, 2nd Sess., c. 1157, s. 4; 1985, c. 154, s. 3.)
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Nearby Sections
15
§ 24-1.1
Contract rates and fees§ 24-10.1
Late fees§ 24-12
Applicability of Article§ 24-13
Principal amount defined§ 24-16
Itemized closing statements§ 24-16.1
Loans exempt from §§ 24-12 to 24-17§ 24-17
MisdemeanorsCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 24-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/24-13.