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Record #:
20556
Abstract:
The NC General Assembly requires state and local government to cooperatively fund and manage service and regulatory programs in public health, social services, mental health, and other areas. One of the disadvantages of this system is dispute over which entity bears legal responsibility when a citizen is injured by a negligent act of a local government employee administering or providing services in such a program. This bulletin discusses two recent cases from the NC Court of Appeals that illustrate the difficulty involved in determining whether the state of a local government is responsible for injuries to a plaintiff.
Source:
Local Government Law Bulletin (NoCar KFN 7830 A15 L6), Vol. Issue 68, May 1995, p1-7, f
Subject(s):
Record #:
30498
Author(s):
Abstract:
One of the reasons why many business firms incorporate is the limited liability feature of the corporate firm, but the shareholder’s liability for corporate obligations is limited to capital contributions. This article examines situations in which a corporation’s creditors and other claimants may have recourse against the personal assets of shareholders, and discusses legal procedures under the North Carolina Business Corporation Act.
Source:
Carolina Coast Business Review (NoCar HF 5001 C38x), Vol. 5 Issue 1, Jan 1987, p7-9, il, bibl, f