North Carolina General Statutes 20-58.6. Duty of secured party to disclose information
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Terms Used In North Carolina General Statutes 20-58.6
- Lien: A claim against real or personal property in satisfaction of a debt.
A secured party named in a certificate of title shall, upon written request of the Division, the owner or another secured party named on the certificate, disclose information when called upon by such person, within 10 days after his lien shall have been paid and satisfied, and any person convicted under this section shall be fined not more than fifty dollars ($50.00) or imprisoned not more than 30 days. (1937, c. 407, s. 23; 1975, c. 716, s. 5.)