North Carolina Statutes
§ 45-21.11 — Application of statute of limitations to serial notes
North Carolina § 45-21.11
This text of North Carolina § 45-21.11 (Application of statute of limitations to serial notes) 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. § 45-21.11 (2026).
Text
When a series of notes maturing at different times is secured by a mortgage or deed of trust and the exercise of the power of sale for the satisfaction of one or more of the notes is barred by the statute of limitations, that fact does not bar the exercise of the power of sale for the satisfaction of indebtedness represented by other notes of the series not so barred. (1949, c. 720, s. 1; 1967, c. 562, s. 2.)
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Nearby Sections
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Foreclosure filingCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 45-21.11, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/45/45-21.11.