N.C. Gen. Stat. § 157-22

Current through Session Law 2024-56
Section 157-22 - Title obtained at foreclosure sale subject to agreement with government

Notwithstanding anything in this Article to the contrary, any purchaser or purchasers at a sale of real or personal property of the authority whether pursuant to any foreclosure of a mortgage, pursuant to judicial process or otherwise, shall obtain title subject to any contract between the authority and a government relating to the supervision by a government of the operation and maintenance of such property and the construction of improvements thereon.

N.C. Gen. Stat. § 157-22

1935, c. 456, s. 22.