My question involves collection proceedings in the State of: North Carolina
I am trying to determine the statute of limitations on a promissory note in the state of North Carolina. A number of websites claim that the SOL on promissory notes is 5 years in NC, but I cannot find any statute to back up this claim. I have researched the NC code extensively and the only statute of limitations that I can find that would apply to promissory notes is the 3 year SOL on written contracts. Am I missing something? Would appreciate advice from someone willing to take a look at the NC code![]()

