{"data":{"id":"us-nc/n.c.-gen.-stat.-25-9-108","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-9-108","heading":"Sufficiency of description.","body":"(a)\tSufficiency of description. - Except as otherwise provided in subsections (c), (d), and (e) of this section, a description of personal or real property is sufficient, whether or not it is specific, if it reasonably identifies what is described.\n(b)\tExamples of reasonable identification. - Except as otherwise provided in subsection (d) of this section, a description of collateral reasonably identifies the collateral if it identifies the collateral by:\n(1)\tSpecific listing;\n(2)\tCategory;\n(3)\tExcept as otherwise provided in subsection (e) of this section, a type of collateral defined in this Chapter;\n(4)\tQuantity;\n(5)\tComputational or allocational formula or procedure; or\n(6)\tExcept as otherwise provided in subsection (c) of this section, any other method, if the identity of the collateral is objectively determinable.\n(c)\tSupergeneric description not sufficient. - A description of collateral as \"all the debtor's assets\" or \"all the debtor's personal property\" or using words of similar import does not reasonably identify the collateral.\n(d)\tInvestment property. - Except as otherwise provided in subsection (e) of this section, a description of a security entitlement, securities account, or commodity account is sufficient if it describes:\n(1)\tThe collateral by those terms or as investment property; or\n(2)\tThe underlying financial asset or commodity contract.\n(e)\tWhen description by type insufficient. - A description only by type of collateral defined in this Chapter is an insufficient description of:\n(1)\tA commercial tort claim; or\n(2)\tIn a consumer transaction, consumer goods, a security entitlement, a securities account, or a commodity account. (1965, c. 700, s. 1; 1975, c. 862, s. 7; 2000-169, s. 1.)\nSubpart 2. Applicability of Article.","path":["Chapter 25. Uniform Commercial Code.","Article 9. Secured Transactions.","Part 1. General Provisions."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-9-108.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"917aa48619f31211049f6da037972f5e2c930b10396ad405457bc291d8429005","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-9-107.2","next":"us-nc/n.c.-gen.-stat.-25-9-109"},"notice":"GroundRules: Original legal text. Not legal advice."}