2021 North Carolina General Statutes
Chapter 53 - Regulation of Financial Services
Article 23 - Continuity of Contract Under European Monetary Union.
§ 53-300 - No application to other currency alteration.

Universal Citation: NC Gen Stat § 53-300 (2021)

53-300. No application to other currency alteration.

In circumstances of currency alteration other than the introduction of the euro, this Article shall not be interpreted as creating any negative inference or negative presumption regarding the validity or enforceability of contracts, securities, or instruments denominated in whole or in part in a currency affected by that alteration.

(1999-312, s. 1.)


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