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Article 9. Instruments to Secure Equity Lines of Credit. 4581. Definitions. The following definitions apply in this Article: (1) Authorized person. Any borrower; the legal representative of any borrower;
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NC General Statutes are the laws enacted by the North Carolina General Assembly that provide rules and regulations for the state's governance.
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NC General Statutes apply to all individuals, organizations, and entities operating within the state of North Carolina.
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NC General Statutes cannot be filled out directly. They are a collection of laws that must be followed and complied with based on the specific provisions and requirements outlined in each statute.
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The purpose of NC General Statutes is to establish a comprehensive legal framework to govern various aspects of life in North Carolina, including criminal law, civil law, business regulations, taxation, and more.
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Specific information to be reported on NC General Statutes varies depending on the particular statute in question. It may range from personal identification details for certain legal transactions to financial information for tax compliance.
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