North Carolina § 18B-1213 - Obligations of purchaser.

Full text of North Carolina North Carolina General Statutes § 18B-1213 — Obligations of purchaser., with citation guidance and answers to common questions.

§ 18B-1213. Obligations of purchaser.

The purchaser of a winery, and any successor to the import rights of a winery, is obligated to all the terms and conditions of an agreement in effect on the date of the purchase or other acquisition of the right to distribute a brand, except for good cause, which includes, Revocation of the wholesaler's permit or license to do business in this State, Bankruptcy or insolvency of the wholesaler, Assignment for the benefit of creditors or similar disposition of the assets of the wholesaler, or Failure by the wholesaler to comply substantially, without reasonable excuse or justification, with any reasonable and material requirement imposed upon the wholesaler by the winery. As used in this Article, "purchase" includes the sale of stock, sale of assets, merger, lease, transfer, or consolidation. History (1983, c. 85, s. 2; 2010-122, s. 25.)

Source: official North Carolina text · Last verified 2026-08-27

Frequently Asked Questions About North Carolina § 18B-1213

What does North Carolina General Statutes § 18B-1213 cover?

Section 18B-1213 ("Obligations of purchaser.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite North Carolina § 18B-1213?

A common citation format is "North Carolina General Statutes § 18B-1213" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of North Carolina law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.

How does North Carolina § 18B-1213 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.