{"data":{"id":"us-nc/n.c.-gen.-stat.-53-244.142","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 53-244.142","heading":"Applicability and exclusions.","body":"(a)\tIn addition to the provisions of this Part, all of the provisions in Part 1 of this Article apply to covered institutions.\n(b)\tThe following exclusions apply:\n(1)\tThis Part does not apply to a covered institution's holding company or affiliate, unless the holding company or affiliate is also a covered institution.\n(2)\tThis Part does not apply to not-for-profit mortgage servicers or housing finance agencies.\n(3)\tG.S. 53-244.143 does not apply to mortgage servicers solely owning or conducting reverse mortgage servicing, the reverse mortgage portfolio administered by covered institutions, or the whole loan portion of portfolios. (2025-43, s. 1.)","path":["Chapter 53. Regulation of Financial Services.","Article 19B. The Secure and Fair Enforcement Mortgage Licensing Act.","Part 2. Prudential Standards for Mortgage Servicers."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_53/GS_53-244.142.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:12Z","sha256":"e2044cc9eb385bc64ce973a448eb992dc6452d4b4c9725d9735ba50eb3386394","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-53-244.141","next":"us-nc/n.c.-gen.-stat.-53-244.143"},"notice":"GroundRules: Original legal text. Not legal advice."}
