2009 North Carolina Code
Chapter 115D - Community Colleges.
§ 115D-97. Contracts with unlicensed schools and evidences of indebtedness made null and void.
§ 115D‑97. Contracts with unlicensed schools and evidences of indebtedness made null and void.
All contracts entered into by proprietary business, proprietary technical, proprietary trade, or correspondence schools, with students or prospective students, and all promissory notes or other evidence of indebtedness taken in lieu of cash payments by such schools shall be null and void unless such schools are duly licensed as required by this Article. (1957, c. 1000; 1961, c. 1175, s. 11; 1981, c. 423, s. 1; 1987, c. 442, s. 2; 1989 (Reg. Sess., 1990), c. 877, s. 9.)
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