02 NCAC 43L .0324          ASSIGNMENT OF CONTRACTS

Contracts or portions thereof may not be assigned, interest therein sublet, or otherwise disposed of without the written consent of the manager. Obligations provided for in said contracts, including payments for space, electrical hook-up, electrical power and gas, shall remain the obligation of initial lessee, irrespective of approved subleasing or assignment otherwise provided.

 

History Note:        Authority G.S. 106-530; 106-6.1;

Eff. June 1, 1994;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. September 23, 2017.