North Carolina Statutes
§ 25A-26 — Substitution of collateral
North Carolina § 25A-26
JurisdictionNorth Carolina
Ch. 25ARetail Installment Sales Act
This text of North Carolina § 25A-26 (Substitution of collateral) 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-26 (2026).
Text
Subject to the provisions of G.S. 25A-23, if all involved parties agree, there may be a substitution of collateral under a security instrument in a consumer credit sale. For such substitution, the seller may impose a fee not to exceed ten percent (10%) of the unpaid balance of the debt or fifteen dollars ($15.00), whichever is less. (1971, c. 796, s. 1.)
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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-26, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/25A/25A-26.