N.C. Gen. Stat. § 25A-10

Current through Session Law 2024-56
Section 25A-10 - "Official fees" defined

"Official fees" means any of the following:

(1) Fees and charges prescribed by law that actually are or will be paid by the seller for determining the existence of or for perfecting, releasing, or satisfying a security interest related to a consumer credit sale.
(2) Premiums payable for insurance in lieu of perfecting a security interest otherwise required by the seller in connection with a consumer credit sale if the premium does not exceed the fees or charges described in subdivision (1) of this section that would otherwise be payable.

N.C. Gen. Stat. § 25A-10

Amended by 2021 N.C. Sess. Laws 159,s. 2-a, eff. 10/1/2021, and applies to contracts entered into, renewed, or modified on or after that date.
1971, c. 796, s. 1.