For purposes of this Part, a default occurs in connection with an agricultural lien at the time the secured party becomes entitled to enforce the lien in accordance with the statute under which it was created.
N.C. Gen. Stat. § 25-9-606
Time of default for agricultural lien
Known as the Uniform Commercial Code
The act spans §§ 25–25 (616 sections).
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.