North Carolina General Statutes 62-168. Not applicable to debentures of court receivers
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Terms Used In North Carolina General Statutes 62-168
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Nothing contained in this Article shall limit the power of any court having jurisdiction to authorize or cause receiver’s certificates or debentures to be issued according to the rules and practice obtained in receivership proceedings in courts of equity. (1933, c. 307, s. 25; 1963, c. 1165, s. 1.)