North Carolina General Statutes > Chapter 131E > Article 11B – Transparency in Health Care Costs
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Terms Used In North Carolina General Statutes > Chapter 131E > Article 11B - Transparency in Health Care Costs
- 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.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.