mortgages and deeds of trust in condemnation eminent domain cases

New Statute Prohibits Naming Trustees as Parties in Civil Cases

by Christopher Simmons on September 6, 2011

North Carolina has just ratified a bill, signed by the Governor, that is partially entitled, “AN ACT TO MODERNIZE AND ENACT CERTAIN PROVISIONS REGARDING DEEDS OF TRUST….” S.B. 679, 2011 Sess. Law 312 (the “Act”). The Act, which is effective October 1, 2011, modifies North Carolina General Statutes in Chapters 24 (Interest), 45 (Mortgages and Deeds […]