340 sections in this chapter.
N.C. Gen. Stat. § 66-67.5 Requirements for maintenance fees for gift cards
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(a) Disclosure. - The seller or issuer of a gift card must conspicuously disclose any maintenance fee charges at the time of purchase. The disclosure must be visible on the gift card itself. No person, firm, or corporation engaged in commerce shall charge any maintenance fee on a…
N.C. Gen. Stat. § 66-7 Who to pay inspectors' fees; penalty for extortion
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The fees of inspectors shall be paid by the purchaser or exporter of the articles inspected, and if any inspector shall receive any greater fees than are by law allowed, he shall forfeit and pay ten dollars ($10.00) for every offense to any person suing for the same. (1824, c. 12…
N.C. Gen. Stat. § 66-71.1 Short title
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This Article may be cited as the "Assumed Business Name Act." (2016-100, s. 2; 2017-23, s. 1.)
N.C. Gen. Stat. § 66-71.10 Register of deeds to index certificates; transmission of data to central database
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(a) The register of deeds of each county must index in accordance with Article 2 of Chapter 161 of the General Statutes every assumed business name with respect to which an assumed business name certificate, a certificate of amendment, or a certificate of withdrawal has been file…
N.C. Gen. Stat. § 66-71.11 Forms
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(a) The Land Records Management Advisory Committee established under G.S. 147-54.3 may develop forms for the documents required or permitted to be filed by this Article, but their use is not mandatory. (a1) An Assumed Business Name Certificate that substantially complies with the…
N.C. Gen. Stat. § 66-71.12 Effect of filing certificate
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(a) An assumed business name certificate filed under this Article is effective upon filing and remains in effect until withdrawn under G.S. 66-71.8. (b) Compliance with this Article does not confer any exclusive rights to the use of an assumed business name in this State. (2016-1…
N.C. Gen. Stat. § 66-71.13 Copy of certificate prima facie evidence
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A copy of a certificate filed under this Article, duly certified by the register of deeds of the office in which it was filed, is prima facie evidence of the facts required to be stated in the certificate. (2016-100, s. 2; 2017-23, s. 1.)
N.C. Gen. Stat. § 66-71.14 Consequences of signing false certificate or violating Article
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(a) A person signing a certificate under this Article that the person knows is false in any material respect with intent that the certificate be delivered to the register of deeds for filing is guilty of a Class 1 misdemeanor. (b) A person failing to file an assumed business name…
N.C. Gen. Stat. § 66-71.15 Expiration of certificates filed under Article 14; transition provisions
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(a) All certificates of assumed name filed under former Article 14 of this Chapter expire December 1, 2022, and the provisions of that former Article continue to apply to them until that date except as provided in this section. On or after that date, any person that (i) is listed…
N.C. Gen. Stat. § 66-71.2 Statement of purpose
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The purpose of this Article is to afford the public a means of ascertaining the real name of persons engaging in business in this State under an assumed business name by requiring those persons to register the assumed business name as provided in this Article. (2016-100, s. 2; 20…
N.C. Gen. Stat. § 66-71.3 Definitions
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The following definitions apply in this Article: (1) Assumed business name. a. In the case of an individual, any name other than a real name of the individual. b. In the case of a partnership other than a limited liability partnership or limited partnership, any name other than a…
N.C. Gen. Stat. § 66-71.4 Filing of certificate; exception
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(a) Before any person engages in business in this State under an assumed business name, the person must file an assumed business name certificate in the office of the register of deeds of the county in which the person is or will be engaged in business. If the person is or will b…
N.C. Gen. Stat. § 66-71.5 Contents of certificate
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(a) An assumed business name certificate must include all of the following: (1) The assumed business name, subject to the requirements of subsection (b) of this section. (2) A real name of the person engaging in business under the assumed business name. If the business is a partn…
N.C. Gen. Stat. § 66-71.6 Execution of certificate
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An assumed business name certificate must be executed as follows: (1) In the case of an individual, the certificate must be signed by the individual. (2) In the case of a partnership or limited partnership, the certificate must be signed by a general partner. (3) In the case of a…
N.C. Gen. Stat. § 66-71.7 Amendment of certificate
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Any person that has filed an assumed business name certificate must, within 60 days after a change in any of the information required in the assumed business name certificate, file a certificate of amendment in the office of the register of deeds of the county in which the assume…
N.C. Gen. Stat. § 66-71.8 Withdrawal of assumed business name
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Any person filing an assumed business name certificate as required by this Article may, upon ceasing to engage in business in this State under the assumed business name, withdraw the assumed business name by filing a certificate of withdrawal in the office of the register of deed…
N.C. Gen. Stat. § 66-71.9 Secretary of State to maintain a centralized, statewide database of assumed business name information
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(a) The Secretary of State shall develop, implement, and maintain a searchable online database of assumed business name information reported under G.S. 66-71.10. The system must allow information to be entered and retrieved from the system by the registers of deeds and must be av…
N.C. Gen. Stat. § 66-72 Person trading as "company" or "agent" to disclose real parties
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If any person shall transact business as trader or merchant, with the addition of the words "factor," "agent," "& Company" or "& Co.," or shall conduct such business under any name or style other than his own, except in case of a corporation, and fail to disclose the name of his …
N.C. Gen. Stat. § 66-73 Definitions
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For the purpose of this Article: (1) A "diamond" is a natural mineral consisting essentially of pure carbon crystallized in the isometric system and is found in many colors. Its hardness is 10; its specific gravity approximately 3.52; and it has a refractive index 2.42. (2) "A me…
N.C. Gen. Stat. § 66-74 What constitutes unfair trade practice
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It is an unfair trade practice for any member of the diamond industry: (1) To use, or cause or promote the use of, any trade promotional literature, advertising matter, guarantee, warranty, mark, brand, label, trade name, picture, design or device, designation, or other type of o…
N.C. Gen. Stat. § 66-75 Penalty for violation; each practice a separate offense
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Any person, firm, corporation or organization engaging in any unfair trade practice, as defined in this Article, shall be guilty of a Class 1 misdemeanor; and each and every unfair trade practice engaged in shall be deemed a separate offense. (1957, c. 585, s. 3; 1993, c. 539, s.…
N.C. Gen. Stat. § 66-76 Definitions
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For the purposes of this Article, "closing-out sale" shall mean and include all sales advertised, represented or held forth under the designation of "going out of business," "discontinuance of business," "selling out," "liquidation," "lost our lease," "must vacate," "forced out,"…
N.C. Gen. Stat. § 66-78 Additions to stock in contemplation of sale prohibited
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No person in contemplation of a closing-out sale shall order any goods, wares or merchandise for the purpose of selling and disposing of the same at such sale, and any unusual purchase and additions to the stock of such goods, wares or merchandise within 60 days prior to the fili…
N.C. Gen. Stat. § 66-79 Replenishment of stock prohibited
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No person carrying on or conducting a closing-out sale or a sale of goods, wares or merchandise damaged by fire, smoke, water or otherwise, shall, during the continuance of such sale, add any goods, wares or merchandise to the damaged stock inventoried in his original application…
N.C. Gen. Stat. § 66-80 Continuation of sale or business beyond termination date
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No person shall conduct a closing-out sale or a sale of goods, wares or merchandise damaged by fire, smoke, water or otherwise or a distress sale beyond the termination date specified for such sale; nor shall any person, upon conclusion of such sale, continue that business which …
N.C. Gen. Stat. § 66-81 Advertising or conducting sale contrary to Article; penalty
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Any person who shall advertise, hold, conduct or carry on any sale of goods, wares or merchandise under the description of closing-out sale or a sale of goods, wares or merchandise damaged by fire, smoke, water or otherwise or a distress sale, contrary to the provisions of this A…
N.C. Gen. Stat. § 66-82 Sales excepted; liability for dissemination of false advertisement
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The provisions of this Article shall not apply to sheriffs, constables or other public or court officers, or to any other person or persons acting under the license, direction or authority of any court, State or federal, selling goods, wares or merchandise in the course of their …
N.C. Gen. Stat. § 66-83 Restraining or enjoining illegal act
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Upon complaint of any person the superior court shall have jurisdiction to restrain and enjoin any act forbidden or declared illegal by any provisions of this Article. (1957, c. 1058, s. 8.)
N.C. Gen. Stat. § 66-85 Labeling cleaners containing volatile substances capable of producing toxic effects; definition
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It shall be unlawful for any person, firm, or corporation manufacturing household cleaners which contain volatile substances capable of producing toxic effects in or on their users when used for their intended domestic purposes to sell or offer for sale any such cleaner unless su…
N.C. Gen. Stat. § 66-86 Penalty for selling product in violation of Article
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Any person, firm or corporation selling or offering to sell any product in violation of the terms of this Article shall be guilty of a Class 1 misdemeanor. (1957, c. 1241, s. 2; 1993, c. 539, s. 520; 1994, Ex. Sess., c. 24, s. 14(c).)
N.C. Gen. Stat. § 66-87 Injunctions
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Upon complaint by the Department of Health and Human Services, the superior court shall have jurisdiction to enjoin any sale or offer of sale which is in violation of the provisions of this Article. (1957, c. 1241, s. 3; 1973, c. 476, s. 128; 1997-443, s. 11A.118(a).)
N.C. Gen. Stat. § 66-88 Application of Article after enactment of federal legislation
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If the Congress of the United States shall, at any time hereafter, enact in any form legislation designed to regulate the interstate distribution, labeling and sale of hazardous articles in packages suitable for or intended for household use, the Department of Health and Human Se…
N.C. Gen. Stat. § 66-9 Gas and electric light bills to show reading of meter
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It shall be the duty of all gas companies and electric light companies selling gas and electricity to the public to show, among other things, on all statements or bills rendered to consumers, the reading of the meter at the end of the preceding month, and the reading of the meter…
N.C. Gen. Stat. § 66-94 Definition
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For purposes of this Article, "business opportunity" means the sale or lease of any products, equipment, supplies or services for the purpose of enabling the purchaser to start a business, and in which the seller represents: (1) That the seller will provide locations or assist th…
N.C. Gen. Stat. § 66-94.1 Responsible sellers exemption
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(a) The provisions of Article 19 shall not apply to the sale or lease of any products, equipment, supplies or services where: (1) The seller has not derived net income from such sales within the State during either of its two previous fiscal years, and does not intend to derive n…
N.C. Gen. Stat. § 66-95 Required disclosure statement
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At least 48 hours prior to the time the purchaser signs a business opportunity contract, or at least 48 hours prior to the receipt of any consideration by the seller, whichever occurs first, the seller shall provide the prospective purchaser a written document, [with] a cover she…
N.C. Gen. Stat. § 66-96 Bond or trust account required
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If the business opportunity seller makes any of the representations set forth in G.S. 66-94(3), the seller must either have obtained a surety bond issued by a surety company authorized to do business in this State or have established a trust account with a licensed and insured ba…
N.C. Gen. Stat. § 66-97 Filing with Secretary of State
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(a) The seller of every business opportunity shall file with the Secretary of State two copies of either disclosure statement used to satisfy the requirements of G.S. 66-95, accompanied by a fee in the amount of two hundred fifty dollars ($250.00) made payable to the Secretary of…
N.C. Gen. Stat. § 66-98 Prohibited acts
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Business opportunity sellers shall not: (1) Represent that the business opportunity provides income or earning potential of any kind unless the seller has documented data to substantiate the claims of income or earning potential and discloses this data to the prospective purchase…
N.C. Gen. Stat. § 66-99 Contracts to be in writing; form; provisions
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(a) Every business opportunity contract shall be in writing and a copy shall be given to the purchaser at the time he signs the contract. (b) Every contract for a business opportunity shall include the following: (1) The terms and conditions of payment; (2) A full and detailed de…