Current through Session Law 2024-56
Section 25-9-605 - Unknown debtor or secondary obligorA secured party does not owe a duty based on its status as secured party:
(1) To a person that is a debtor or obligor, unless the secured party knows: a. That the person is a debtor or obligor;b. The identity of the person; andc. How to communicate with the person; or(2) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:a. That the person is a debtor; andb. The identity of the person.N.C. Gen. Stat. § 25-9-605