{"data":{"id":"us-nc/n.c.-gen.-stat.-24-13","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 24-13","heading":"Principal amount defined.","body":"The aggregate of the amount or value actually received at the time of the loan, plus the charges allowed by G.S. 24-14(b) (c) and (f); plus the sum of all existing indebtedness of the borrower paid on his behalf by the lender, shall be deemed the principal amount of the loan. (1971, c. 1229, s. 2; 1979, 2nd Sess., c. 1157, s. 4; 1985, c. 154, s. 3.)","path":["Chapter 24. Interest.","Article 2. Loans Secured by Secondary or Junior Mortgages."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_24/GS_24-13.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:42Z","sha256":"1da6a179e77168c39f64ee2362c858c48b8f681153e9dbe40d0103e2f8db4db2","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-24-12","next":"us-nc/n.c.-gen.-stat.-24-14"},"notice":"GroundRules: Original legal text. Not legal advice."}