§ 48A-16 – Trust to be established.
48A-16. Trust to be established. (a) The trustee or trustees shall establish a trust pursuant to this section at a bank, savings and loan institution, credit union, brokerage firm, or company registered under the Investment Company Act of 1940, 15 U.S.C. 80a-1, et seq., unless a similar trust has been previously established, for the purpose […]
§ 48A-17 – Talent agency contracts.
48A-17. Talent agency contracts. (a) As used in this Article, the term "talent agency" means a person or corporation who engages in the occupation of procuring, offering, promising, or attempting to procure employment or engagements for an artist or artists. Talent agencies may, in addition, counsel or direct artists in the development of their professional […]
§ 48A-18 – Disaffirmance of talent agency contracts.
48A-18. Disaffirmance of talent agency contracts. A minor cannot disaffirm a contract, otherwise valid, entered into during minority, either during the actual minority of the minor entering into the contract or at any time thereafter, with a talent agency as defined in G.S. 48A-17, to secure engagements to render artistic or creative services in motion […]
§ 48A-11 – Applicability.
48A-11. Applicability. This Article applies to any of the following contracts entered into between an unemancipated minor and any third party or parties: (1) A contract pursuant to which a person is employed or agrees to render artistic or creative services, either directly or through a third party, including, but not limited to, a personal […]
§ 48A-12 – No disaffirmance if approved by superior court.
48A-12. No disaffirmance if approved by superior court. (a) A contract, otherwise valid, of a type described in G.S. 48A-11, entered into during minority, cannot be disaffirmed on that ground either during the minority of the person entering into the contract, or at any time thereafter, if the contract has been approved by the superior […]
§ 48A-13 – Copies of certain documents to be provided.
48A-13. Copies of certain documents to be provided. A parent or guardian, as the case may be, entitled to the physical custody, care, and control of a minor, who enters into a contract of a type described in G.S. 48A-11 shall provide a certified copy of the minor’s birth certificate indicating the minor’s minority to […]
§ 48A-14 – Financial safeguards in court orders approving contracts.
48A-14. Financial safeguards in court orders approving contracts. (a) Notwithstanding any other statute, in an order approving a minor’s contract of a type described in G.S. 48A-11, the court shall require that fifteen percent (15%) of the minor’s gross earnings pursuant to the contract be set aside by the minor’s employer in trust, in an […]
§ 48A-15 – Financial safeguards when no court order.
48A-15. Financial safeguards when no court order. (a) Notwithstanding any other statute, for any minor’s contract of a type described in G.S. 48A-11 that is not being submitted for approval by the court pursuant to G.S. 48A-12, or for which the court has issued a final order denying approval, fifteen percent (15%) of the minor’s […]
§ 48A-1 – Common-law definition of "minor" abrogated.
48A-1. Common-law definition of "minor" abrogated. The common-law definition of minor insofar as it pertains to the age of the minor is hereby repealed and abrogated. (1971, c. 585, s. 1; 2003-207, s. 1.)
§ 48A-2 – Age of minors.
48A-2. Age of minors. A minor is any person who has not reached the age of 18 years. (1971, c. 585, s. 1; 2003-207, s. 1.)