Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter23. Debtor and Creditor. |
Article1. Assignments for Benefit of Creditors |
§23-8. Only perishable property sold within ten days of registration
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It is unlawful for any trustee, whether named in such deed of trust or appointed by a clerk of the superior court, to sell any part of the property described in such deed of trust within ten days from the registration thereof, unless such property or some part thereof be perishable, in which case he may sell such property as is perishable, according to the powers conferred upon him in said deed of trust.
(1893, c. 453, s. 4; Rev., s. 971; C.S., s. 1616.)