§ 75A-47. Surrender of certificate required when security interest paid.
83 words·~1 min read·
/nc/chapter-75a/75a-47A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 75A-47. Surrender of certificate required when security interest paid.
It is unlawful and constitutes a Class 1 misdemeanor for a secured party who holds a certificate of title as provided in this Article to refuse or fail to surrender the certificate of title to the person legally entitled to it within 10 days after the security interest has been paid and satisfied. (1989, c. 739, s. 1; 1993, c. 539, s. 567; 1994, Ex. Sess., c. 24, s. 14(c); 2006-185, s. 2.)