There is a newer version of the North Carolina General Statutes
2015 North Carolina General Statutes
Chapter 45 - Mortgages and Deeds of Trust.
Article 9 - Instruments to Secure Equity Lines of Credit.
§ 45-83 - Future advances statute shall not apply.
NC Gen Stat § 45-83 (2015) What's This?
45-83. Future advances statute shall not apply.
The provisions of Article 7 of this Chapter shall not apply to an equity line of credit or the equity line security instrument securing it, if the equity line security instrument shows on its face that it secures an equity line of credit governed by the provisions of this Article. (1985, c. 207, s. 2; 2011-312, s. 26.)
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