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Home » US Law » 2022 North Carolina General Statutes » Chapter 66 - Commerce and Business » Article 16 - Unfair Trade Practices in Diamond Industry.

§ 66-73 – Definitions.

66-73. Definitions. For the purpose of this Article: (1) A "diamond" is a natural mineral consisting essentially of pure carbon crystallized in the isometric system and is found in many colors. Its hardness is 10; its specific gravity approximately 3.52; and it has a refractive index 2.42. (2) "A member of the diamond industry" shall […]

§ 66-74 – What constitutes unfair trade practice.

66-74. What constitutes unfair trade practice. It is an unfair trade practice for any member of the diamond industry: (1) To use, or cause or promote the use of, any trade promotional literature, advertising matter, guarantee, warranty, mark, brand, label, trade name, picture, design or device, designation, or other type of oral or written representation, […]

§ 66-75 – Penalty for violation; each practice a separate offense.

66-75. Penalty for violation; each practice a separate offense. Any person, firm, corporation or organization engaging in any unfair trade practice, as defined in this Article, shall be guilty of a Class 1 misdemeanor; and each and every unfair trade practice engaged in shall be deemed a separate offense. (1957, c. 585, s. 3; 1993, […]