North Carolina § 45-21 Validation of appointment of and conveyances to corporations as trustees

North Carolina Statutes

§ 45-21 — Validation of appointment of and conveyances to corporations as trustees

North Carolina § 45-21

Ch. 45Mortgages and Deeds of Trust

Art. 2Right to Foreclose or Sell under Power

This text of North Carolina § 45-21 (Validation of appointment of and conveyances to corporations as trustees) 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. § 45-21 (2026).

Text

In all deeds of trust made prior to March 15, 1941, wherein property has been conveyed to corporations as trustees to secure indebtedness, the appointment of said corporations as trustees, the conveyances to said corporate trustees, and the action taken under the powers of such deeds of trust by said corporate trustees are hereby confirmed and validated to the same extent as if such corporate trustees had been individual trustees.

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In all deeds of trust made prior to March 15, 1941, wherein property has been conveyed to corporations as trustees to secure indebtedness, the appointment of said corporations as trustees, the conveyances to said corporate trustees, and the action taken under the powers of such deeds of trust by said corporate trustees are hereby confirmed and validated to the same extent as if such corporate trustees had been individual trustees.