North Carolina Statutes
§ 45-36.12 — Limitation of secured creditor's liability
North Carolina § 45-36.12
This text of North Carolina § 45-36.12 (Limitation of secured creditor's liability) 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. § 45-36.12 (2026).
Text
A secured creditor is not liable under this Article if it:
(1)Established a reasonable procedure to achieve compliance with its obligations under this Article;
(2)Complied with that procedure in good faith; and
(3)Was unable to comply with its obligations because of circumstances beyond its control. (2005-123, s. 1.)
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Nearby Sections
15
§ 45-100
Title§ 45-101
Definitions§ 45-103
Pre-foreclosure information to be filed with the Administrative Office of the Courts for home loans§ 45-105
Extension of foreclosure process§ 45-106
Use and privacy of records§ 45-107
Foreclosure filingCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 45-36.12, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/45/45-36.12.