30 NCAC 05B .0103          SECOND MORTGAGE NOT REPORTABLE

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.