NORTH CAROLINA GENERAL ASSEMBLY

1965 SESSION

 

 

CHAPTER 771

SENATE BILL 418

 

 

AN ACT TO AMEND G.S. 45-40 RELATING TO ENTRIES BY REGISTERS OF DEEDS DENOTING SATISFACTION OF MORTGAGE OR DEED OF TRUST.

 

The General Assembly of North Carolina do enact:

 

Section 1.  G.S. 45-40 is hereby amended by striking from the sixth line thereof the word "indexes" and inserting in lieu thereof the words "grantor index" and by substituting a comma for a period at the end of the Section and adding the following: "or, in lieu of the entries herein provided, the register of deeds or his deputy may denote satisfaction in the grantor index by using a capital 'C' or the word 'Cancelled', or the word 'Satisfied'."

Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall become effective upon its ratification.

In the General Assembly read three times and ratified, this the 2nd day of June, 1965.