North Carolina Statutes

§ 53-295 — Definitions

North Carolina·Ch. 53 Regulation of Financial Services·Art. 23 Continuity of Contract Under European Monetary Union

The following definitions shall apply in this Article:

(1)Euro. - The currency of participating member states of the European Union that adopt a single currency in accordance with the Treaty on European Union dated February 7, 1992.
(2)European Currency Unit (ECU). - The currency as defined in the European Council regulation number 3320/94.
(3)Introduction of the Euro. - The implementation of economic and monetary union of member states of the European Union in accordance with the Treaty on European Union dated February 7, 1992. (1999-312, s. 1.)

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