North Carolina § 35A-1313 Clerk may direct application of funds; purchasers and mortgagees protected

North Carolina Statutes

§ 35A-1313 — Clerk may direct application of funds; purchasers and mortgagees protected

North Carolina § 35A-1313

Ch. 35AIncompetency and Guardianship

Art. 15Mortgage or Sale of Estates Held by the Entireties

Subch. IIIMANAGEMENT OF WARD'S ESTATE

This text of North Carolina § 35A-1313 (Clerk may direct application of funds; purchasers and mortgagees protected) 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. § 35A-1313 (2026).

Text

In all cases conducted under this Article it shall be competent for the court, in its discretion, to direct the application of funds arising from a sale or mortgage of such property in such manner as may appear necessary or expedient for the protection of the interest of the mentally incompetent spouse: Provided, however, this section shall not be construed as requiring a purchaser or any other party advancing money on the property to see to the proper application of such money, but such purchaser or other party shall acquire title unaffected by the provisions of this section. (1935, c. 59, s. 4; 1987, c. 550, s. 2.)

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In all cases conducted under this Article it shall be competent for the court, in its discretion, to direct the application of funds arising from a sale or mortgage of such property in such manner as may appear necessary or expedient for the protection of the interest of the mentally incompetent spouse: Provided, however, this section shall not be construed as requiring a purchaser or any other party advancing money on the property to see to the proper application of such money, but such purchaser or other party shall acquire title unaffected by the provisions of this section. (1935, c. 59, s. 4; 1987, c. 550, s. 2.)