North Carolina General Statutes > Chapter 44 > Article 1A – Wage Liens
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§ 44-5.1 | Wages for two months’ lien on assets |
Terms Used In North Carolina General Statutes > Chapter 44 > Article 1A - Wage Liens
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.