§ 148-68. Payment of contract price; interest; enforcement of contracts.
145 words·~1 min read·
/nc/chapter-148/148-68A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 148-68. Payment of contract price; interest; enforcement of contracts.
The corporate authorities of any city or town so hiring convicts shall pay into the treasury of the State for the labor of any convict so hired such sum or sums of money at such time or times as may be agreed upon in the contract of hire; and if any such city or town fails to pay the State money due for such hiring, the same shall bear interest from the time it is due until paid at the rate of six percent (6%) per annum; and an action to recover the same may be instituted by the Attorney General in the name of the State in the courts of Wake County. (1881, c. 127, s. 3; Code, s. 3451; Rev., s. 5412; C.S., s. 7760; 1925, c. 163; 1931, c. 145, s. 35.)