§ 106-418.3. Definitions. - North Carolina Statutes

§ 106‑418.3. Definitions.

As used in this Article, unless the context clearly requires otherwise:

(1)        "Banking business day" means a day in which banksare normally open for business in North Carolina.

(2)        "Commissioner" means the Commissioner of Agricultureof North Carolina or his designated agent or agents.

(3)        "Custodial accounts" means custodial accounts fortrust funds as explained in the Code of Federal Regulations, January 1, 1972, §201.42.

(4)        The "North Carolina Public Livestock Market Advisory Board"means the Board established under G.S. 106‑407.1.

(5)        "Public livestock market" means livestock sales ata market duly licensed under G.S. 106‑406. (1973, c. 38, s. 3; 1975, c. 19, s. 33.)