§ 59-34. Rules of construction. - North Carolina Statutes

§59‑34.  Rules of construction.

(a)        The rule thatstatutes in derogation of the common law are to be strictly construed shallhave no application to this Act.

(b)        The law of estoppelshall apply under this Act.

(c)        The law of agencyshall apply under this Act.

(d)        This Article shallbe so interpreted and construed as to effect its general purpose to makeuniform the law of those states which enact it.

(e)        This Article andthe other provisions of this Act shall not be construed so as to impair theobligations of any contract existing when the Article or any other provision ofthis Act, as applicable, goes into effect, nor to affect any action orproceedings begun or right accrued before this Article or any other provisionof this Act, as applicable, takes effect. (1941, c. 374, s. 4; 2000‑140,s. 101(l).)