§ 39-44 Definition
§ 39-45 Authority to acquire and hold real estate
§ 39-46 Title vested; conveyance; probate
§ 39-47 Prior deeds validated
contract signature

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Terms Used In North Carolina General Statutes > Chapter 39 > Article 8 - Business Trusts

  • Fiduciary: A trustee, executor, or administrator.
  • 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.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • seal: shall be construed to include an impression of such official seal, made upon the paper alone, as well as an impression made by means of a wafer or of wax affixed thereto. See North Carolina General Statutes 12-3