§ 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 […]