North Carolina Statutes
§ 24-2.4 — Prepayment of a loan if there are no prepayment terms or if the prepayment terms are not in accordance with law
North Carolina § 24-2.4
This text of North Carolina § 24-2.4 (Prepayment of a loan if there are no prepayment terms or if the prepayment terms are not in accordance with law) 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. § 24-2.4 (2026).
Text
A borrower may prepay a loan in whole or in part without penalty where the loan instrument does not explicitly state the borrower's rights with respect to prepayment or where the provisions for prepayment are not in accordance with law. (1985, c. 681, s. 1.)
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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 § 24-2.4, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/24/24-2.4.