North Carolina General Statutes
Article 8 - Organization and Powers.
§ 54-52 - Organization.

54-52. Organization.
The incorporators at their first annual meeting shall elect by ballot from their number a board of trustees of not less than six members who shall adopt a code of bylaws and a plan of organization approved by the Commissioner of Agriculture and the Commissioner of Banks. (1925, c. 223, s. 4; 1931, c. 243, s. 5.)