§ 20-100. Vehicles junked or destroyed by fire or collision. - North Carolina Statutes

§ 20‑100.  Vehiclesjunked or destroyed by fire or collision.

Upon satisfactory proof to theCommissioner that any motor vehicle, duly licensed, has been completelydestroyed by fire or collision, or has been junked and completely dismantled sothat the same can no longer be operated as a motor vehicle, the owner of suchvehicle may be allowed on the purchase of a new license for another vehicle acredit equivalent to the unexpired proportion of the cost of the originallicense, dating from the first day of the next month after the date of suchdestruction. (1937, c. 407, s. 64; 1939, c. 369, s. 1.)