North Carolina Statutes
§ 66-76 — Definitions
North Carolina § 66-76
This text of North Carolina § 66-76 (Definitions) 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. § 66-76 (2026).
Text
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," "removal," or any other designation of like meaning; "distress sale" shall mean and include all sales in which it is represented or implied that going out of business is possible or anticipated, in which closing out is referred to in any way, or in which it is implied that business conditions are so difficult that the seller is forced to conduct the sale; and "person" shall mean and include individuals, partnerships, voluntary associations and corporations. (1957, c. 1058, s. 1; 1981, c. 633, s. 1.)
§ 66-77: Repea
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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 § 66-76, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/66/66-76.