The cancellation of a certificate of title shall not, in and of itself, affect the validity of a security interest noted on it.
N.C. Gen. Stat. § 20-58.7
Cancellation of certificate
Known as the Child Bicycle Safety Act
The act spans §§ 20–20 (324 sections).
1961, c. 835, s. 6; 1969, c. 838, s. 1.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.