North Carolina General Statutes 106-462. Sale under name other than that of true owner prohibited
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It shall be unlawful for any person, firm or corporation to sell or offer for sale or cause to be sold, or offered for sale, any leaf tobacco upon the floors of any leaf tobacco warehouse, in the name of any person, firm or corporation, other than that of the true owner or owners thereof, which true owner’s name shall be registered upon the warehouse sales book in which it is being offered for sale. (1933, c. 467, s. 2.)
Terms Used In North Carolina General Statutes 106-462
- 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.