North Carolina Statutes
§ 106-451.42 — Application; bond; display of certificate of registration
North Carolina § 106-451.42
This text of North Carolina § 106-451.42 (Application; bond; display of certificate of registration) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.C. Gen. Stat. § 106-451.42 (2026).
Text
(a)A cotton gin, cotton warehouse, cotton merchant, or cotton marketing cooperative or association shall, on or before July 1 of each year, file an application for registration on a form provided by the Commissioner of Agriculture. A fee of twenty-five dollars ($25.00) shall be submitted with each application.
(b)An application for registration as a cotton warehouse shall also be accompanied by a bond in the amount of three hundred thousand dollars ($300,000) issued by a company authorized to issue surety bonds in North Carolina and shall be conditioned upon fulfillment of contractual obligations related to the purchase or storage of cotton. A bond shall not be required for a person who is licensed and bonded under the U.S. Warehouse Act.
(c)The registration certificate shall be conspic
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Bluebook (online)
North Carolina § 106-451.42, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/106/106-451.42.