Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter54. Cooperative Organizations. |
SubchapterII. LAND AND LOAN ASSOCIATIONS |
Article8. Organization and Powers |
§54-62. Appraisal of lands
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Upon application for a loan the land mortgage association shall cause the lands which it is proposed to mortgage to the association to be appraised by a competent appraiser furnished it by the State Department of Agriculture and Consumer Services.
(1925, c. 223, s. 14; 1997-261, s. 109.)