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NC H332

Bill

Status

Passed

6/26/2013

Primary Sponsor

Robert Bryan

Click for details

Origin

House of Representatives

2013-2014 Session

AI Summary

Session Law 2013-204: House Bill 332

  • Eliminates requirement that notary public applicants obtain recommendation from a publicly elected official in North Carolina, except in counties with fewer than 5,250 active notaries.

  • Expands notary disqualifications exceptions to allow notaries employed by a party or stockholders to perform notarizations for those parties.

  • Allows notarial jurat to substitute for acknowledgment and vice versa for instruments accepted for filing or relating to North Carolina real estate.

  • Creates alternative procedure for satisfaction of security instruments through affidavit, allowing satisfaction agents to file affidavit of satisfaction if secured creditor fails to respond within 30 days of notification or under specified circumstances involving possession of original instruments.

  • Extends validation dates for various historical defects in recorded instruments, including missing seals, technical errors in notarial certificates, and corporate deed execution issues, with most extensions updated to April 1, 2013.

Legislative Description

Notary Act/Satisfaction of Security Interests

Last Action

Ch. SL 2013-204

6/26/2013

Committee Referrals

Judiciary I4/23/2013
Judiciary Subcommittee B3/19/2013

Full Bill Text

No bill text available