North Carolina General Statutes 45-36.2. Obligation of good faith
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Terms Used In North Carolina General Statutes 45-36.2
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Every action or duty within this Article imposes an obligation of good faith in its performance or enforcement. (1953, c. 848; 2005-123, s. 1.)