{"data":{"id":"us-nc/n.c.-gen.-stat.-78d-33","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 78D-33","heading":"Affirmative defense.","body":"It shall be a defense in any complaint, information, indictment, any writ or proceeding brought under this Chapter alleging a violation of G.S. 78D-2 based solely on the failure in an individual case to make physical delivery within the applicable time period under G.S. 78D-1(5) or G.S. 78D-4(a)(2) if the party asserting the defense sustains the burden of proof that:\n(1)\tFailure to make physical delivery was due solely to factors beyond the control of the seller, the seller's officers, directors, partners, agents, servants or employees, every person occupying a similar status or performing similar functions, every person who directly or indirectly controls or is controlled by the seller, or any of them, the seller's affiliates, subsidiaries or successors; and\n(2)\tPhysical delivery was completed within a reasonable time under the applicable circumstances. (1989, c. 634, s. 1.)","path":["Chapter 78D. Commodities Act.","Article 2. Administration and Enforcement."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_78D/GS_78D-33.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:10:22Z","sha256":"e7e0d0c76a08f04388e7deffa6f9626fff61b06324e5bcb1fb70d80e60d4ed47","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-78d-32","next":"us-nc/n.c.-gen.-stat.-79-1-through-79-4"},"notice":"GroundRules: Original legal text. Not legal advice."}