NC General Statutes

N.C. Gen. Stat. § 44-69.1 (2026)

Effective period for liens on peanuts, cotton and grains

✓ current as of July 2026

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No chattel mortgage, agricultural lien or other lien of any nature upon peanuts, cotton, soybeans, corn, wheat or other grains shall be effective for any purpose for a longer period than 18 months from the date of sale or the date of delivery to the purchaser, whichever date shall fall last. This section shall not absolve any person from prosecution and punishment for crime. (1955, c. 266; 1975, c. 318.)

§ 44-69.2. Effective period for liens on fruits and vegetables.

No security interest in or lien on fruits and vegetables sold at a regular sale at an auction market at which the Department of Agriculture and Consumer Services furnishes certified inspectors pursuant to Article 17 of Chapter 106 is effective for any purpose more than six months after the date of the sale. This section does not absolve any person from prosecution and punishment for crime. (1981, c. 640, s. 2; 1997-261, s. 109.)

Notes of Decisions

Cited in 2 cases, 1984–1995 · leading case: United States v. Bailey Feed Mill, Inc., 592 F. Supp. 844 (E.D.N.C. 1984).

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United States v. Bailey Feed Mill, Inc., 592 F. Supp. 844 (E.D.N.C. 1984). · cites it 6× “For statutory authority, defendant relies upon N.C.Gen. Stat. § 44-69.1, which provides: “No chattel mortgage, agricultural lien or other lien of any nature upon .”

Magnolia Fed. Bank for Sav. v. United States, 42 F.3d 968 (5th Cir. 1995). “…that extinguishes liens on certain agricultural products 18 months from the date of sale or delivery to a purchaser. N.C.Gen.Stat. § 44-69.1.”

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