§ 43-49 Assurance fund provided; investment
§ 43-50 Action for indemnity
§ 43-51 Satisfaction by third person or by Treasurer
§ 43-52 Payment by Treasurer, if assurance fund insufficient
§ 43-53 Treasurer subrogated to right of claimant
§ 43-54 Assurance fund not liable for breach of trust; limit of recovery
§ 43-55 Statute of limitation as to assurance fund
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Terms Used In North Carolina General Statutes > Chapter 43 > Article 8 - Assurance Fund

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fraud: Intentional deception resulting in injury to another.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
  • 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
  • Trustee: A person or institution holding and administering property in trust.
  • United States: shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3