North Carolina § 106-418 - 3. Definitions.
Full text of North Carolina North Carolina General Statutes § 106-418 — 3. Definitions., with citation guidance and answers to common questions.
§ 106-418. 3. Definitions.
As used in this Article, unless the context clearly requires otherwise: "Banking business day" means a day in which banks are normally open for business in North Carolina. "Commissioner" means the Commissioner of Agriculture of North Carolina or his designated agent or agents. "Custodial accounts" means custodial accounts for trust funds as explained in the Code of Federal Regulations, January 1, 1972, § 201.42. The "North Carolina Public Livestock Market Advisory Board" means the Board established under G.S. 106-407.1. "Public livestock market" means livestock sales at a market duly licensed under G.S. 106-406. History (1973, c. 38, s. 3; 1975, c. 19, s. 33.)
Frequently Asked Questions About North Carolina § 106-418
What does North Carolina General Statutes § 106-418 cover?
Section 106-418 ("3. Definitions.") 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 § 106-418?
A common citation format is "North Carolina General Statutes § 106-418" (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 § 106-418 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.