North Carolina General Statutes § 53-259 Application of rules

In addition to the provisions of this Article, authorized lenders shall comply with rules adopted by the Commissioner that are reasonable and necessary to effectuate the purposes of this Article and to protect the public interest.  Provided, however, that provisions in Chapters 24 or 45 of the General Statutes and the rules adopted under those Chapters that conflict with this Article shall not apply to reverse mortgage transactions governed by this Article. (1991, c. 546, s. 1; 1995, c. 115, s. 1.)

Sections:  Previous  53-252  53-253  53-254  53-255  53-256  53-257  53-258  53-259  53-260  53-261  53-262  53-263  53-264  53-265  53-266  Next

Last modified: March 23, 2014