106-985. Provision for appeal by corporations to Governor.
If any corporation organized under this Article is dissatisfied with or aggrieved at any rule or order imposed upon it by the Commissioner, or any valuation or appraisal of any of its property made by the Commissioner, or any failure of or refusal by the Commissioner to approve of or consent to any action which it can take only with such approval or consent, it may appeal to the Governor by filing with him a claim of appeal upon which the decision of the Governor shall be final. Such determination, if other than a dismissal of the appeal, shall be set forth by the Governor in a written mandate to the Commissioner, who shall abide thereby and take such actions as the same may direct. (1933, c. 178, s. 6; 1973, c. 1262, s. 86; 1977, c. 771, s. 4; 1989, c. 727, s. 85; 2011-145, s. 13.25(cc), (dd).)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 81 - Corporations for Protection and Development of Forests.
§ 106-980 - Private limited dividend corporations may be formed.
§ 106-981 - Manner of organizing.
§ 106-983 - Duties of supervision by Commissioner.
§ 106-984 - Powers of Commissioner.
§ 106-985 - Provision for appeal by corporations to Governor.
§ 106-986 - Limitations as to dividends.
§ 106-987 - Issuance of securities restricted.
§ 106-988 - Limitation on bounties to stockholders.
§ 106-989 - Earnings above dividend requirements payable to State.
§ 106-990 - Dissolution of corporation.
§ 106-991 - Cutting and sale of timber.
§ 106-993 - Power to borrow money limited.
§ 106-994 - Commissioner to approve development of forests.