North Carolina General Statutes 25A-21. Attorneys’ fees
Current as of: 2024 | Check for updates
|
Other versions
With respect to a consumer credit sale:
(1) In the event that the seller institutes a suit and prevails in the litigation and obtains a money judgment, the presiding judge shall allow a reasonable attorney’s fee to the duly licensed attorney representing the seller in such suit, said attorney’s fee to be taxed to the buyer as part of the court costs.
Terms Used In North Carolina General Statutes 25A-21
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
(2) In the event that a seller instituting suit does not prevail in the litigation, the presiding judge shall allow a reasonable attorney’s fee to the duly licensed attorney representing the buyer in such suit, said attorney’s fee to be taxed to the seller as a part of the court costs. (1971, c. 796, s. 1.)