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2025 North Carolina General Statutes
Chapter 53 - Regulation of Financial Services
Article 21 - Reverse Mortgages.
§ 53-259 - Application of rules.
Universal Citation:
NC Gen Stat § 53-259 (2025)
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§ 53-259. Application of rules.
In addition to the provisions of this Article, authorized lenders shall comply with rules adopted by the Commissioner that are reasonable and necessary to effectuate the purposes of this Article and to protect the public interest. Provided, however, that provisions in Chapters 24 or 45 of the General Statutes and the rules adopted under those Chapters that conflict with this Article shall not apply to reverse mortgage transactions governed by this Article. (1991, c. 546, s. 1; 1995, c. 115, s. 1.)
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