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, if you are emancipated, you are treated as an adult. This means you can enter into contracts freely, just like an adult would. According to N.C. Gen Stat § 7B-3507, once you are emancipated, you have the right to make contracts, sue, and conduct business independently. Additionally, your parents or guardians will no longer have legal obligations or rights over you. However, keep in mind that emancipation is a serious step and the decree is final.
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.