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A public reference institution of the State of North Carolina's law

North Carolina Law

N.C.G.S. § 54D-3 — revision history

Text is never overwritten. Each amendment lands as a new version row with its own effective range.

  1. Version 1 — 2026-08-08 to present

    Scraped from ncleg.gov; The General Statutes include changes through S.L. 2026-7.

    (a) This Chapter applies to a special deposit under an account agreement that states the intention of the parties to establish a special deposit governed by this Chapter, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this State. (b) The parties to an account agreement may choose a forum in this State for settling a dispute arising out of the special deposit, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this State. (c) This Chapter does not affect either of the following: (1) A right or obligation relating to a deposit other than a special deposit under this Chapter. (2) The voidability of a deposit or transfer that is fraudulent or voidable under other law.  (2025-25, s. 158.)