NC General Statutes

N.C. Gen. Stat. § 14-15 (2026)

Issuing substitutes for money without authority

✓ current as of July 2026

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If any person or corporation, unless the same be expressly allowed by law, shall issue any bill, due bill, order, ticket, certificate of deposit, promissory note or obligation, or any other kind of security, whatever may be its form or name, with the intent that the same shall circulate or pass as the representative of, or as a substitute for, money, he shall be guilty of a Class 3 misdemeanor and only punishable by a fine not to exceed the sum of fifty dollars ($50.00); and if the offender be a corporation, it shall in addition forfeit its charter. Every person or corporation offending against this section, or aiding or assisting therein, shall be guilty of a Class 3 misdemeanor and only punishable by a fine not to exceed fifty dollars ($50.00). (R.C., c. 36, s. 5; Code, s. 2493; 1895, c. 127; Rev., s. 3711; C.S., s. 4183; 1993, c. 539, s. 13; 1994, Ex. Sess., c. 24, s. 14(c).)

§ 14-16. Receiving or passing unauthorized substitutes for money.

If any person or corporation shall pass or receive, as the representative of, or as the substitute for, money, any bill, check, certificate, promissory note, or other security of the kind mentioned in G.S. 14-15, whether the same be issued within or without the State, such person or corporation, and the officers and agents of such corporation aiding therein, who shall offend against this section shall be guilty of a Class 3 misdemeanor and only punishable by a fine not to exceed five dollars ($5.00). (R.C., c. 36, s. 6; Code, s. 2494; 1895, c. 127; Rev., s. 3712; C.S., s. 4184; 1993, c. 539, s. 14; 1994, Ex. Sess., c. 24, s. 14(c).)

§ 14-16.1: Reserved for future codification purposes.

§ 14-16.2: Reserved for future codification purposes.

§ 14-16.3: Reserved for future codification purposes.

§ 14-16.4: Reserved for future codification purposes.

§ 14-16.5: Reserved for future codification purposes.

Article 5A.

Endangering Executive, Legislative, Court, and Local Elected Officers.

Notes of Decisions

Cited in 3 cases, 1986–2019 · leading case: Alford v. Shaw, 349 S.E.2d 41 (N.C. 1986).

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Alford v. Shaw, 349 S.E.2d 41 (N.C. 1986). · cites it 2× “The complaint in the present action, filed on 4 November 1982, asserted liability on the part of the defendants based on the transactions described above and the failure of AAA's directors to take action. B. As one commentator recently noted, this case "clearly presents policy…”

Mount Olive Pickle Co., Inc. v. Tidewater Transit Co., Inc. (E.D.N.C. 2019). “§§ 14-15. Moreover, it has not been genuinely disputed that when Cargill ships its salt from New York to Tidewater’s depot in Fayetteville, that shipment is part of a continuous supply chain created to meet customer demand, with Tidewater serving as the last leg in the chain.”

Dental Care Leasing LLC v. Miller (E.D.N.C. 2019). “§ 14-15. Around the same time, December 2017, Dr.”

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