N.C. Gen. Stat. § 25-9-605
Unknown debtor or secondary obligor
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
A secured party does not owe a duty based on its status as secured party:
A secured party does not owe a duty based on its status as secured party:
(1) To a person that is a debtor or obligor, unless the secured party knows: That the person is a debtor or obligor;
(1) To a person that is a debtor or obligor, unless the secured party knows: That the person is a debtor or obligor;
(2) The identity of the person; and
(2) The identity of the person; and
(3) How to communicate with the person; or
(3) How to communicate with the person; or
(4) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows: That the person is a debtor; and
(4) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows: That the person is a debtor; and
(5) The identity of the person.
(5) The identity of the person.
History
(2000-169, 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.