N.C. Gen. Stat. § 45A-7

Current through Session Law 2024-53
Section 45A-7 - Penalty

Any party violating this Chapter is liable to any other party suffering a loss due to that violation for that other party's actual damages plus reasonable attorneys' fees. In addition, any party violating this Chapter shall pay to the party or parties suffering a loss an amount equal to one thousand dollars ($1,000) or double the amount of interest payable on any loan for the first 60 days after the loan closing, whichever amount is greater.

N.C. Gen. Stat. § 45A-7

1995 (Reg. Sess., 1996), c. 714, s. 1.