North Carolina § 45-37 - 2. Indexing satisfactions and other documents relating to security instruments.

§ 45-37. 2. Indexing satisfactions and other documents relating to security instruments.

The register of deeds shall record and index the following instruments in accordance with G.S. 161-14.1: A substitution of trustee. A document of rescission recorded pursuant to G.S. 45-36.6. A deed of release or reconveyance. A partial release recorded pursuant to G.S. 45-36.22. An obligation release recorded pursuant to G.S. 45-36.23. A satisfaction document, affidavit of satisfaction, or trustee's satisfaction recorded pursuant to G.S. 45-37(a)(7). A lien maturity extension agreement or notice of maturity date recorded pursuant to G.S. 45-36.24. G.S. 161-14.1 No fee shall be charged by the register of deeds for recording a satisfaction document, affidavit of satisfaction, or a trustee's satisfaction. History (1963, c. 1021, s. 1; 1967, c. 765, s. 6; 1987, c. 620, s. 2; 1991, c. 114, s. 2; 1993, c. 425, s. 3; 1995, c. 292, s. 6; 2005-123, s. 1; 2011-246, s. 5; 2011-312, s. 13.) Editor's Note. - This section was amended by Session Laws 2011-246, s. 5 and by Session Laws 2011-312, s. 13, in the coded bill drafting format provided by G.S. 120-20.1. Session Laws 2011-246, s. 5, effective October 1, 2011, deleted subsection (b), but failed to account for the changes made by Session Laws 2011-312, s. 13, which updated a section reference in subsection (b). Subsection (b) has been set out in the form above at the direction of the Revisor of Statutes. Effect of Amendments. - Session Laws 2005-123, s. 1, effective October 1, 2005, rewrote the heading and text of the section. Session Laws 2011-246, s. 5, effective October 1, 2011, in the section catchline, substituted "Indexing" for "Recording"; deleted the subsection (a) designation; and deleted subsection (b), which pertained to security instruments and contained the "Record of Satisfaction" form. Session Laws 2011-312, s. 13, effective October 1, 2011, rewrote the section catchline, which formerly read: "Recording satisfactions of security instruments"; rewrote the first paragraph of subsection (a), which formerly read: "When a satisfaction document, affidavit of satisfaction, or trustee's satisfaction is recorded pursuant to G.S. 45-37(a)(7), the register of deeds shall record and index the instrument in accordance with G.S. 161-14.1"; added subdivisions (a)(1) through (a)(7); and corrected a section reference in subsection (b).