54-142. Application of North Carolina Business Corporation Act to cooperative associations with capital stock.
The provisions of the North Carolina Business Corporation Act (Chapter 55 of the General Statutes) shall apply, so far as appropriate, to every cooperative association with capital stock heretofore or hereafter organized or domesticated under this Subchapter, except where the provisions of that act are in conflict with or inconsistent with the express provisions of this Subchapter. (1921, c. 87, s. 28; C.S., s. 5259(o); 1963, c. 1168, s. 9; 1989 (Reg. Sess., 1990), c. 1024, s. 3.)
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.