North Carolina § 24-2 - 5. Mortgage bankers and mortgage brokers.
Full text of North Carolina North Carolina General Statutes § 24-2 — 5. Mortgage bankers and mortgage brokers., with citation guidance and answers to common questions.
§ 24-2. 5. Mortgage bankers and mortgage brokers.
A mortgage broker or a mortgage banker originating a loan in a table-funded loan transaction in which the mortgage broker or mortgage banker is identified as the original payee of the note shall be considered a lender for purposes of this Chapter. History (1999-332, s. 3.) Editor's Note. - Session Laws 1999-332, s. 8, made this section effective October 1, 1999, and applicable to loans made or entered into, payments deferred, and loans modified, renewed, extended, or amended on or after that date.
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 24-2
What does North Carolina General Statutes § 24-2 cover?
Section 24-2 ("5. Mortgage bankers and mortgage brokers.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 24-2?
A common citation format is "North Carolina General Statutes § 24-2" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 24-2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.