North Carolina Statutes
§ 25A-16 — Transfer of equity
North Carolina § 25A-16
JurisdictionNorth Carolina
Ch. 25ARetail Installment Sales Act
This text of North Carolina § 25A-16 (Transfer of equity) 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. § 25A-16 (2026).
Text
If a buyer voluntarily transfers his rights in collateral pursuant to applicable law and the seller agrees, the seller may impose a transfer fee not to exceed ten percent (10%) of the unpaid balance of the debt or thirty-five dollars ($35.00), whichever is less. (1971, c. 796, s. 1; 2000-169, s. 31.)
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Nearby Sections
15
§ 25A-1
Scope of act§ 25A-10
"Official fees" defined§ 25A-16
Transfer of equity§ 25A-17
Additional charges for insurance§ 25A-18
Confession of judgment§ 25A-19
Acceleration§ 25A-20
Disclaimer of warranty§ 25A-21
Attorneys' feesCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 25A-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/25A/25A-16.