Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In North Carolina General Statutes 25B-1

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3

(a) No married woman shall be denied credit in her own name if her uncommingled earnings, separate property or other assets are such that a man possessing the same amount of uncommingled earnings, separate property or other assets would receive credit.

(b) No unmarried woman shall be denied credit in her own name if her property, earnings or other assets are such that a man possessing the same amount of property, earnings or other assets would receive credit.

(c) For the purposes of this section, “credit” means the obtaining of money, property, labor or services on a deferred-payment basis. (1973, c. 1394, s. 1.)