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North Carolina General Statutes Chapter 54. Cooperative Organizations § 54-69. Bonds as payment

Current as of January 01, 2023 | Updated by Findlaw Staff

If the association gives notice to a debtor for repayment of the mortgage loan the latter must pay to the association in cash or in its bonds at par the face of the same so far as it has not yet been covered by his assets in the amortization and payments.

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Cite this article: FindLaw.com - North Carolina General Statutes Chapter 54. Cooperative Organizations § 54-69. Bonds as payment - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-54-cooperative-organizations/nc-gen-st-sect-54-69/

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