Painter v. Home Finance Company

Decision here is controlled by Chapter 1143, Session Laws of 1955, now codified as G.S. 55-38.1. This statute provides in pertinent part:

“(a) Every foreign corporation shall be subject to suit in this State, by a resident of this State . . . whether or not such foreign corporation is transacting or has transacted business in this State and whether or not it is engaged exclusively in interstate or foreign commerce, on any cause of action arising as follows:

“(4) Out of tortious conduct in this State, whether arising out of repeated activity or single acts, and whether arising out of misfeasance…