§ 54-143.1 – Franchise taxes.
54-143.1. Franchise taxes. On and after July 1, 1955, the provisions of Article 3, Subchapter I of Chapter 105 of the General Statutes of North Carolina shall apply to an association or corporation organized under the provisions of this Subchapter. (1955, c. 1313, s. 1.)
§ 54-144 – Filing fees.
54-144. Filing fees. For filing articles of incorporation, an association organized hereunder shall pay ten dollars ($10.00); and for filing an amendment to the articles, two and one-half dollars ($2.50). (1921, c. 87, s. 30; C.S., s. 5259(q).)
§ 54-140 – Association heretofore organized may adopt the provisions of this Subchapter.
54-140. Association heretofore organized may adopt the provisions of this Subchapter. Any corporation or association organized under previously existing statutes may, by a majority vote of its stockholders or members, be brought under the provisions of this Subchapter by limiting its membership and adopting the other restrictions as provided herein. It shall make out in […]
§ 54-141 – Associations not in restraint of trade.
54-141. Associations not in restraint of trade. No association organized hereunder shall be deemed to be a combination in restraint of trade or an illegal monopoly; or an attempt to lessen competition or fix prices arbitrarily, nor shall the marketing contracts or agreements between the association and its members, or any agreements authorized in this […]
§ 54-142 – Application of North Carolina Business Corporation Act to cooperative associations with capital stock.
54-142. Application of North Carolina Business Corporation Act to cooperative associations with capital stock. The provisions of the North Carolina Business Corporation Act (Chapter 55 of the General Statutes) shall apply, so far as appropriate, to every cooperative association with capital stock heretofore or hereafter organized or domesticated under this Subchapter, except where the provisions […]
§ 54-142.1 – Application of Nonprofit Corporation Act to cooperative associations without capital stock.
54-142.1. Application of Nonprofit Corporation Act to cooperative associations without capital stock. The provisions of the Nonprofit Corporation Act (Chapter 55A of the General Statutes) shall apply, so far as appropriate, to every cooperative association without capital stock heretofore or hereafter organized or domesticated under this Subchapter, except where the provisions of that act are […]
§ 54-143 – License taxes.
54-143. License taxes. On and after June 1, 1955, the provisions of Article 2, Subchapter I of Chapter 105 of the General Statutes of North Carolina shall apply to an association or corporation organized under the provisions of this Subchapter. (1921, c. 87, s. 29; C.S., s. 5259(p); 1955, c. 1313, s. 1.)
§ 54-130 – Definitions and nature.
54-130. Definitions and nature. As used in this Subchapter- (1) Agricultural Products. – The term "agricultural products" shall include horticultural, viticultural, forestry, dairy, livestock, poultry, bee, and any farm products. (2) Association. – The term "association" means a. Any corporation organized under this Subchapter; or b. Any foreign corporation which 1. Is organized under any […]
§ 54-131 – Who may organize.
54-131. Who may organize. Three or more persons engaged in the production of agricultural products may form a nonprofit, cooperative association, with or without capital stock, under the provisions of this Subchapter. (1921, c. 87, s. 3; C.S., s. 5259(c); 1979, c. 908, s. 1.)
§ 54-132 – Purposes.
54-132. Purposes. An association may be organized to engage in any activity in connection with the producing, marketing or selling of the agricultural products of its members and other farmers, or with the harvesting, preserving, drying, processing, canning, packing, storing, handling, shipping, or utilization thereof, of the manufacturing or marketing of the by-products thereof; or […]