NC General Statutes

N.C. Gen. Stat. § 18B-123 (2026)

Limitation on damages

✓ current as of July 2026
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The total amount of damages that may be awarded to all aggrieved parties pursuant to any claims for relief under this Article is limited to no more than five hundred thousand dollars ($500,000) per occurrence. When all claims arising out of an occurrence exceed five hundred thousand dollars ($500,000), each claim shall abate in the proportion it bears to the total of all claims. (1983, c. 435, s. 37.)

 

Notes of Decisions
Cited in 1 case, 1991–1991 · leading case: Hart v. Ivey, 403 S.E.2d 914 (N.C. Ct. App. 1991).
Hart v. Ivey, 403 S.E.2d 914 (N.C. Ct. App. 1991). · cites it 4× “N.C.Gen.Stat. § 18B-123 (1983). Absolutely nothing is indicated in the Act which would eliminate or abrogate other causes of action arising either statutorily or by common law.”
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