North Carolina Administrative Code (Last Updated: November 13, 2014) |
TITLE 30. STATE ETHICS COMMISSION |
CHAPTER 05. STATEMENT OF ECONOMIC INTEREST |
SUBCHAPTER B. CONTENTS |
30 NCAC 05B .0103. SECOND MORTGAGE NOT REPORTABLE
Latest version.
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A second mortgage is another form of "indebtedness on the filing person's primary personal residence. Therefore, that debt is not reportable on that individual's Statement of Economic Interest.
History Note: Authority G.S. 138A-10(a)(2); 138A-10(a)(4); 138A-10(a)10); 138A-24(a)(2)(k);
Eff. January 1, 2011.