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§ 54c-129 — North Carolina Law | CourtGPT
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North Carolina Legal Code

§ 54c-129

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\nUnless otherwise provided, every loan or other investment made in violation of this Chapter is due and payable according to its terms and the obligation thereof is not impaired; provided, that the violation consists only of the lending of an excessive sum on authorized security or of investing in an unauthorized investment. (1991, c. 680, s. 1.)