N.C.G.S. § 22C-5 — revision history
Text is never overwritten. Each amendment lands as a new version row with its own effective range.
Version 1 — 2026-08-08 to present
Scraped from ncleg.gov; The General Statutes include changes through S.L. 2026-7.
Should any periodic or final payment to a subcontractor be delayed by more than seven days after receipt of periodic or final payment by the contractor or subcontractor, the contractor or subcontractor shall pay his subcontractor interest, beginning on the eighth day, at the rate of one percent (1%) per month or a fraction thereof on such unpaid balance as may be due. (1987 (Reg. Sess., 1988), c. 946.)