North Carolina General Statutes 113-315.17. Definitions
Current as of: 2023 | Check for updates
|
Other versions
As used in this Article:
(1) “Economic development” means: giving helpful and useful aid to improve the proficiency of the citizens, and the efficiency of the operations are improved to the end that the economic well-being of fishermen is improved, the quality of life is enhanced and equality of opportunity is provided.
(2) “Fisherman” means: any person, firm, corporation, cooperative, partnership, or any legally constituted group, engaged in the harvesting, handling, processing, packaging, and marketing of fishery or seafood products from coastal fishing waters as defined by N.C. Gen. Stat. § 113-129 (1973, c. 618, s.? 1.)
Terms Used In North Carolina General Statutes 113-315.17
- 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.
- 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.