§ 20-58.3. Notation of assignment of security interest on certificate of title.
§ 20‑58.3. Notation ofassignment of security interest on certificate of title.
An assignee of a securityinterest may have the certificate of title endorsed or issued with the assigneenamed as the secured party, upon delivering to the Division on a formprescribed by the Division, with the required fee, an assignment by the securedparty named in the certificate together with the certificate of title. Theassignment must contain the address of the assignee from which informationconcerning the security interest may be obtained. If the certificate of titleis in the possession of some other secured party the procedure prescribed byG.S. 20‑58.1(b) shall be followed. (1961, c. 835, s. 6; 1969, c.838, s. 1; 1975, c. 716, s. 5.)