N.C. Gen. Stat. § 1-507.47

Current through Session Law 2024-53

Section 1-507.47 - Abandonment of property

With court approval, the receiver may abandon any receivership property that is burdensome or is not of material value to the receivership. Property that is abandoned is no longer receivership property and not subject to the provisions of this Article.

N.C. Gen. Stat. § 1-507.47

Added by 2020 N.C. Sess. Laws 75,s. 1, eff. 1/1/2021.