§ 55-16-05 – Inspection of records by directors.
55-16-05. Inspection of records by directors. (a) A director of a corporation is entitled to inspect and copy the books, records, and documents of the corporation at any reasonable time to the extent reasonably related to the performance of the director’s duties as a director, including duties as a member of a committee, but not […]
§ 55-16-06 – Exception to notice requirements.
55-16-06. Exception to notice requirements. (a) Whenever notice is required to be given under any provision of this Chapter to a shareholder, the notice shall not be required to be given if either of the following applies: (1) Notice of two consecutive annual meetings, and all notices of meetings during the period between those two […]
§ 55-16-20 – Financial statements for shareholders.
55-16-20. Financial statements for shareholders. (a) Upon the written request of a shareholder, a corporation shall deliver, or make available to the requesting shareholder by posting on its website or by other generally recognized means, annual financial statements for the most recent fiscal year of the corporation for which annual financial statements have been prepared […]
§ 55-16-22 – Annual report.
55-16-22. Annual report. (a) Requirement. – Except as provided in subsections (a1) and (a2) of this section, each domestic corporation and each foreign corporation authorized to transact business in this State shall deliver an annual report directly to the Secretary of State in electronic form or in paper form as prescribed by the Secretary of […]
§ 55-16-22.2 – Report of veteran-owned small businesses and service-disabled veteran-owned small businesses.
55-16-22.2. Report of veteran-owned small businesses and service-disabled veteran-owned small businesses. Using the information reported pursuant to G.S. 55-16-22(a4), the Secretary of State shall compile summary information on an aggregate basis about the number of veteran-owned small businesses and the number of service-disabled veteran-owned small businesses reporting in this State. The Secretary of State shall […]
§ 55-17-01 – Applicability of act.
55-17-01. Applicability of act. (a) The provisions of this Chapter shall apply to every corporation for profit, and, so far as appropriate, to every corporation not for profit having a capital stock, now existing or hereafter formed, and to the outstanding and future securities thereof, except to the extent the corporation is expressly excepted by […]
§ 55-17-02 – Application to qualified foreign corporations.
55-17-02. Application to qualified foreign corporations. A foreign corporation authorized to transact business in this State on July 1, 1990 is subject to this Chapter but is not required to obtain a new certificate of authority to transact business under this Chapter. (1955, c. 1371, s. 1; 1957, c. 979, ss. 18, 19; 1989, c. […]
§ 55-17-03 – Saving provisions.
55-17-03. Saving provisions. (a) The existence of corporations formed before July 1, 1990, shall not be impaired by the enactment of this Chapter nor by any change made by this Chapter in the requirements for the formation of corporations nor by any amendment or repeal by this Chapter of the laws under which they were […]
§ 55-17-04 – Severability.
55-17-04. Severability. If any provision of this Chapter or its application to any person or circumstance is held invalid by a court of competent jurisdiction, the invalidity does not affect other provisions or applications of the Chapter that can be given effect without the invalid provision or application, and to this end the provisions of […]
§ 55-17-05 – Curative statute.
55-17-05. Curative statute. All deeds, conveyances and other instruments executed prior to the effective date of this Chapter and validated by the curative provisions of former G.S. 55-36.1 and former Article 12 of Chapter 55 as they were immediately prior to such effective date shall be valid and effective to the same extent as if […]