NORTH CAROLINA GENERAL ASSEMBLY

1981 SESSION

CHAPTER 183

HOUSE BILL 417

AN ACT TO VALIDATE CERTAIN TRUSTEES' DEEDS EXECUTED WITHOUT A SEAL.

The General Assembly of North Carolina enacts:

Section 1. G.S. 45-20.1 is rewritten to read:

"§ 45-20.1. Validation of trustees' deeds where seals omitted. - All deeds executed prior to January 1, 1981, by any trustee or substitute trustee in the exercise of the power of sale vested in him under any deed, deed of trust, mortgage, will, or other instrument in which the trustee or substitute trustee has omitted to affix his seal after his signature are validated."

Sec. 2. G.S. 45-20.2 is repealed.

Sec. 3. This act does not affect pending litigation.

Sec. 4. This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 9th day of April, 1981.