§ 66-72. Person trading as "company" or "agent" to disclose real parties. - North Carolina Statutes

Article15.

Person Trading as"Company" or "Agent."

§ 66‑72.  Person tradingas "company" or "agent" to disclose real parties.

If any person shall transactbusiness as trader or merchant, with the addition of the words"factor," "agent," "& Company" or "&Co.," or shall conduct such business under any name or style other thanhis own, except in case of a corporation, and fail to disclose the name of hisprincipal or partner by a sign placed conspicuously at the place wherein suchbusiness is conducted, then all the property, stock of goods and merchandise,and choses in action purchased, used and contracted in the course of suchbusiness shall, as to creditors, be liable for the debts contracted in thecourse of such business by the person in charge of same. Provided, this sectionshall not apply to any person transacting business under license as anauctioneer, broker, or commission merchant; in all actions under this sectionit is incumbent on such trader or merchant to prove compliance with the same. (1905,c. 443; Rev., s. 2118; C.S., s. 3292; 1951, c. 381, s. 8.)