Add Drop-down Field To Legal North Carolina Guaranty Forms For Free

The Department of Insurance provides valuable services to the people of North Carolina by regulating the insurance industry, licensing insurance professionals and others, educating consumers about different types of insurance, handling consumer complaints, and much more.

When a subcontractor has performed in ance with the provisions of his contract, the contractor shall pay to his subcontractor and each subcontractor shall pay to his subcontractor, within seven days of receipt by the contractor or subcontractor of each periodic or final payment, the full amount received for such ...

In 1982, Congress passed the Prompt Payment Act to require Federal agencies to pay their bills on a timely basis; to pay interest penalties when payments are made late, and to take discounts.

(1) Prompt payment for subcontractors. A payment clause that obligates the Contractor to pay the subcontractor for satisfactory performance under its subcontract not later than 7 days from receipt of payment out of such amounts as are paid to the Contractor under this contract.

In North Carolina, neither ?pay when paid? (i.e., contractor reserves the right to withhold payment to subcontractors until such time as the contractor receives payment from the owner) nor ?pay if paid? (i.e., contractor reserves the right to withhold payment to subcontractors and only pay them if he is paid by the ...

A North Carolina durable power of attorney form allows a person to appoint someone else to make decisions and conduct financial matters on their behalf during their life. The form, unless otherwise stated, is durable, which means it will continue to be valid in the event the principal should become incapacitated.

The POA cannot transfer the responsibility to another Agent at any time. The POA cannot make any legal or financial decisions after the death of the Principal, at which point the Executor of the Estate would take over. The POA cannot distribute inheritances or transfer assets after the death of the Principal.

A North Carolina Power of Attorney (PoA) is a legal document that gives a selected individual permission to manage financial matters on your behalf, such as selling real estate, accessing your bank account(s), and signing contracts.

A. A power of attorney is a document that allows someone else to act as your legal agent. Thus, a power of attorney can be used to allow a friend to sell your car, to let your spouse ship your household goods or to authorize a relative to take your child to the hospital. It can also be used to sell or buy property.