(a) Repealed by Session Laws 2000, c. 169, s. 30.

(b) The provisions of N.C. Gen. Stat. § 20-58 through 20-58.8 inclusive shall not apply to or affect:

(1) A lien given by statute or rule of law for storage of a motor vehicle or to a supplier of services or materials for a vehicle;

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Terms Used In North Carolina General Statutes 20-58.8

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
  • Statute: A law passed by a legislature.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • United States: shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3

(2) A lien arising by virtue of a statute in favor of the United States, this State or any political subdivision of this State; or

(3) A security interest in a vehicle created by a manufacturer or by a dealer in new or used vehicles who holds the vehicle in his inventory.

(c) When the term “lien” is used in other sections of this Chapter, or has been used prior to October 1, 1969, with reference to transactions governed by N.C. Gen. Stat. § 20-58 through 20-58.8, to describe contractual agreements creating security interests in personal property, the term “lien” shall be construed to refer to a “security interest” as the term is used in N.C. Gen. Stat. § 20-58 through 20-58.8 and the Uniform Commercial Code. (1961, c. 835, s. 6; 1969, c. 838, s. 1; 2000-169, s. 30.)

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