North Carolina Statutes
§ 66-399 — Bond
North Carolina § 66-399
JurisdictionNorth Carolina
Ch. 66Commerce and Business
Art. 45Pawnbrokers, Metal Dealers, and Scrap Dealers
This text of North Carolina § 66-399 (Bond) 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. § 66-399 (2026).
Text
Every person, firm, or corporation licensed under this Part shall, at the time of receiving the license, file with the city or county issuing the license a bond payable to such city or county in the sum of five thousand dollars ($5,000), to be executed by the licensee, and by two responsible sureties or a surety company licensed to do such business in this State, to be approved by the city or county, which shall be for the faithful performance of the requirements and obligations pertaining to the business so licensed. The city or county may sue for forfeiture of the bond upon a breach thereof. Any person who obtains a judgment against a pawnbroker and upon which judgment execution is returned unsatisfied may maintain an action in his own name upon the bond, to satisfy the judgment. (1989,
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Nearby Sections
15
§ 66-100
Remedies§ 66-106
Definitions§ 66-107
Required disclosure statement§ 66-108
Bond or trust account required§ 66-109
Filing with Secretary of State§ 66-110
Contracts to be in writing§ 66-111
Remedies§ 66-112
Scope§ 66-118
Definitions§ 66-119
Contract requirements§ 66-120
Buyer's rights§ 66-121
Buyer's right to cancelCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 66-399, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/66/66-399.