In all deeds of trust made prior to March 15, 1941, wherein property has been conveyed to corporations as trustees to secure indebtedness, the appointment of said corporations as trustees, the conveyances to said corporate trustees, and the action taken under the powers of such deeds of trust by said corporate trustees are hereby confirmed and validated to the same extent as if such corporate trustees had been individual trustees.
N.C. Gen. Stat. § 45-21
Validation of appointment of and conveyances to corporations as trustees
Showing this section's text as in effect on April 1, 2022 (in force April 1, 2022 – June 1, 2022). View current text →
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.