N.C. Gen. Stat. » Chapter 7A
NC General Statutes

N.C. Gen. Stat. § 7A-56 (2026)

Applicability of §§ 7A-51 and 7A-55

✓ current as of July 2026
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The provisions of G.S. 7A-51 and 7A-55 shall apply only to judges (and any Administrative Officer of the Courts) who entered office prior to January 1, 1974. The extent of such application is specified in Chapter 135, Article 4 (Uniform Judicial Retirement Act). (1973, c. 640, s. 6; 1975, c. 19, s. 2.)

 

Notes of Decisions
Cited in 2 cases, 1986–2016 · leading case: Austell v. Smith, 634 F. Supp. 326 (W.D.N.C. 1986).
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Austell v. Smith, 634 F. Supp. 326 (W.D.N.C. 1986). · cites it 2× “1 and securities fraud pursuant to N.C.Gen.Stat. § 7A-56; and breached their fiduciary duties to the minority shareholders under state law.”
Nnn Durham Off. Portfolio 1, LLC v. Grubb & Ellis Co.; Nnn Durham Off. Portfolio 1, LLC v. Highwoods Realty Ltd. P'ship 2016 Ncbc 93a, No. 10-CVS-4392,12-CVS-3945 (N.C. Bus. Ct. Dec. 29, 2016). · cites it 2× “The Court denied the motions to dismiss as to Plaintiffs’ claims of secondary liability under N.C. Gen. Stat. § 7A-56(c)(2) (2015) of the Securities Act and conspiracy to violate that Act.”
N.C. Gen. Stat. § 7A-56(c)(2): 1 case
Nnn Durham Off. Portfolio 1, LLC v. Grubb & Ellis Co.; Nnn Durham Off. Portfolio 1, LLC v. Highwoods Realty Ltd. P'ship 2016 Ncbc 93a, No. 10-CVS-4392,12-CVS-3945 (N.C. Bus. Ct. Dec. 29, 2016). “The Court denied the motions to dismiss as to Plaintiffs’ claims of secondary liability under N.C. Gen. Stat. § 7A-56(c)(2) (2015) of the Securities Act and conspiracy to violate that Act.”
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