{"data":{"id":"us-nc/n.c.-gen.-stat.-18b-1213","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 18B-1213","heading":"Obligations of purchaser.","body":"The purchaser of a winery, and any successor to the import rights of a winery, is obligated to all the terms and conditions of an agreement in effect on the date of the purchase or other acquisition of the right to distribute a brand, except for good cause, which includes,\n(1)\tRevocation of the wholesaler's permit or license to do business in this State,\n(2)\tBankruptcy or insolvency of the wholesaler,\n(3)\tAssignment for the benefit of creditors or similar disposition of the assets of the wholesaler, or\n(4)\tFailure by the wholesaler to comply substantially, without reasonable excuse or justification, with any reasonable and material requirement imposed upon the wholesaler by the winery.\nAs used in this Article, \"purchase\" includes the sale of stock, sale of assets, merger, lease, transfer, or consolidation. (1983, c. 85, s. 2; 2010-122, s. 25.)","path":["Chapter 18B. Regulation of Alcoholic Beverages.","Article 12. Wine Distribution Agreements."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_18B/GS_18B-1213.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:57:47Z","sha256":"e75fe1ff3329089d1853a885c1106604721e72fc41e3f4484e5e9b10a955ed51","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-18b-1212","next":"us-nc/n.c.-gen.-stat.-18b-1214"},"notice":"GroundRules: Original legal text. Not legal advice."}