105-106. Effect of change in name of firm.
No change in the name of a firm, partnership, or corporation, nor the taking in of a new partner, nor the withdrawal of one or more of the firm, shall be considered as commencing business; but if any one or more of the partners remain in the firm, or if there is change in ownership of less than a majority of the stock, if a corporation, the business shall be regarded as continuing. (1939, c. 158, s. 184.)
Structure North Carolina General Statutes
North Carolina General Statutes
§ 105-33 - Taxes under this Article.
§ 105-41 - Attorneys-at-law and other professionals.
§ 105-83 - Installment paper dealers.
§ 105-103 - Unlawful to operate without license.
§ 105-105 - Persons, firms, and corporations engaged in more than one business to pay tax on each.
§ 105-106 - Effect of change in name of firm.
§ 105-108 - Property used in a licensed business not exempt from taxation.