North Carolina Statutes

§ 66-491 — Definitions

North Carolina·Ch. 66 Commerce and Business·Art. 50 Regulation of High-Volume Third-Party Sellers Operating on Online Marketplaces

The following definitions apply in this Article:

(1)Consumer product. - Any tangible personal property which is distributed in commerce and which is normally used for personal, family, or household purposes, including any property intended to be attached to or installed in real property without regard to whether it has been attached or installed.
(2)High-volume third-party seller. - A participant in an online marketplace that meets all of the following criteria: a. Is a third-party seller. b. Has, in any continuous 12-month period during the previous 24 months, entered into 200 or more separate sales or transactions of new or unused consumer products through the online marketplace to consumers in this State. c. Has an aggregate total of five thousand dollars ($5,000) or more in gross rev

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