{"data":{"id":"us-nc/n.c.-gen.-stat.-45-36.12","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 45-36.12","heading":"Limitation of secured creditor's liability.","body":"A secured creditor is not liable under this Article if it:\n(1)\tEstablished a reasonable procedure to achieve compliance with its obligations under this Article;\n(2)\tComplied with that procedure in good faith; and\n(3)\tWas unable to comply with its obligations because of circumstances beyond its control. (2005-123, s. 1.)","path":["Chapter 45. Mortgages and Deeds of Trust.","Article 4. Satisfaction."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_45/GS_45-36.12.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:02:57Z","sha256":"aed02c4a61d140147a7fa2e25371062da32a0c74282b7e38ca49ead7f36601d3","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-45-36.11","next":"us-nc/n.c.-gen.-stat.-45-36.13"},"notice":"GroundRules: Original legal text. Not legal advice."}