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Resources / NC Chapter 20 / Article 12A

North Carolina General Statutes, Chapter 20

G.S. 20-308.13. Regulation of motor vehicle captive finance sources

The full text of G.S. 20-308.13 (Regulation of motor vehicle captive finance sources), with plain-English commentary from North Carolina DWI defense attorneys Chris Adkins and Chris Purkey in the side column. Article 12A: Motor Vehicle Captive Finance Source Law.

§ 20-308.13. Regulation of motor vehicle captive finance sources.

The General Assembly finds and declares that the distribution of motor vehicles in the State of North Carolina vitally affects the general economy of the State and the public interest and public welfare, and in the exercise of its police power, it is necessary to regulate motor vehicle captive finance sources doing business in North Carolina to protect and preserve the investments and properties of the citizens of this State. (2005-409, s. 3.)

Official text of N.C. Gen. Stat. § 20-308.13 as published by the North Carolina General Assembly (Chapter 20 PDF, retrieved November 10, 2026). Verify the current version on ncleg.gov ↗.

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