Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter53. Regulation of Financial Services. |
Article23. Continuity of Contract Under European Monetary Union |
§53-300. No application to other currency alteration
Latest version.
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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.)