There is a newer version of the North Carolina General Statutes
2010 North Carolina Code
Chapter 25A Retail Installment Sales Act.
25A-19. Acceleration.
NC Gen Stat § 25A-19 What's This?
25A‑19. Acceleration.
With respect to a consumer credit sale, the agreement may not provide for repossession of any goods or acceleration of the time when any part or all of the time balance becomes payable other than for breach by the buyer of any promise or condition clearly set forth in the agreement. (1971, c. 796, s. 1.)
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