Full question:
I’m a 17-year-old student and I live in North Carolina. I am seriously considering about filing a petition for emancipation. I and my friends have decided to step into a business project in collaboration with a multinational firm. None of us has attained the age of majority, yet we think this is the best time to venture into this project. If I’m successfully emancipated, will I be able to enter the contracts on behalf of our company before attaining the age of majority?
- Category: Minors
- Subcategory: Emancipation of Minor
- Date:
- State: North Carolina
Answer:
In North Carolina, an emancipated minor is treated as an adult. Upon emancipation, the minor will have all the rights afforded to an adult. An emancipated minor will be able to freely enter the contracts before attaining the age of majority.N.C. Gen Stat § 7B-3507 provides that:
“As of entry of the final decree of emancipation:
(1) The petitioner has the same right to make contracts and conveyances, to sue and to be sued, and to transact business as if the petitioner were an adult.
(2) The parent, guardian, or custodian is relieved of all legal duties and obligations owed to the petitioner and is divested of all rights with respect to the petitioner.
(3) The decree is irrevocable.
Notwithstanding any other provision of this section, a decree of emancipation shall not alter the application of G.S. 14-326.1 or the petitioner's right to inherit property by intestate succession.”
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.
