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.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 54 - Cooperative Organizations
Article 19 - Purpose and Organization.
§ 54-129 - Declaration of policy.
§ 54-130 - Definitions and nature.
§ 54-133 - Preliminary investigation.
§ 54-134 - Articles of incorporation.
§ 54-135 - Amendments to articles of incorporation.
§ 54-137 - General and special meetings; how called.
§ 54-138 - Conflicting laws not to apply.
§ 54-139 - Foreign cooperative corporations; limitation on use of word "cooperative."
§ 54-140 - Association heretofore organized may adopt the provisions of this Subchapter.