Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter53. Regulation of Financial Services. |
Article21. Reverse Mortgages |
§ 53-255. Title |
§ 53-256. Purpose |
§ 53-257. Definitions |
§ 53-258. Authority and procedures governing reverse mortgage loans |
§ 53-259. Application of rules |
§ 53-260. Interest |
§ 53-261. Taxes, insurance, and assessments |
§ 53-262. Renegotiation of loan; calculation of outstanding balance; prepayment |
§ 53-263. Limits on borrowers' liability |
§ 53-264. Disclosures of loan terms |
§ 53-265. Information required of lender |
§ 53-266. Effects of lender's default |
§ 53-267. Repayment upon borrower's default |
§ 53-268. Time for initiation of foreclosure |
§ 53-269. Counseling provisions |
§ 53-270. Prohibited acts |
§ 53-270.1. Contracts for shared appreciation or shared value |
§ 53-271. Commissioner's authority to enforce; penalties |
§ 53-272. Appeals |
§ 53-273. Reserved for future codification purposes |
§ 53-274. Reserved for future codification purposes |