106-568.27. Required affirmative vote of directors of Tobacco Associates, Incorporated.
No assessment shall be made pursuant to this Article unless same shall receive the affirmative vote of not less than two-thirds of the members of the board of directors of Tobacco Associates, Incorporated, including the affirmative vote of not less than two thirds of such board members who were elected by North Carolina farm organizations. (1959, c. 309, s. 10.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 50C - Promotion of Sale and Use of Tobacco.
§ 106-568.18 - Policy as to joint action of farmers.
§ 106-568.19 - Policy as to referendum on question of annual assessment.
§ 106-568.20 - Referendum on assessment for next three years.
§ 106-568.21 - Effect of more than one-third vote against assessment in referendum.
§ 106-568.22 - Effect of two-thirds vote for assessment in referendum.
§ 106-568.23 - Regulations as to referendum; notice to farm organizations and county agents.
§ 106-568.24 - Distribution of ballots; arrangements for holding referendum; declaration of results.
§ 106-568.25 - Question at referendum.
§ 106-568.26 - Collection of assessments; custody and use of funds.
§ 106-568.27 - Required affirmative vote of directors of Tobacco Associates, Incorporated.
§ 106-568.28 - Right of farmers dissatisfied with assessments; time for demanding refund.
§ 106-568.29 - Subsequent referendum after defeat of assessment.
§ 106-568.30 - Referendum as to continuance of assessments approved at prior referendum.
§ 106-568.33 - Effect of Article on prior acts.
§ 106-568.34 - Alternate method for levy of assessment.
§ 106-568.35 - Alternate provision for referendum voting by mail.