§ 97-46. Lump sum payments to trustee; receipt to discharge employer. - North Carolina Statutes

§97‑46.  Lump sum payments to trustee; receipt to discharge employer.

Whenever the IndustrialCommission deems it expedient any lump sum, subject to the provisions of G.S.97‑44, shall be paid by the employer to some suitable person orcorporation appointed by the superior court in the county wherein the accidentoccurred, as trustee, to administer the same for the benefit of the personentitled thereto, in the manner provided by the Commission. The receipt of suchtrustee for the amount as paid shall discharge the employer or anyone else whois liable therefor. (1929, c. 120, s. 45.)