54C-108. Quorum.
Unless otherwise provided in the savings bank's charter or bylaws, 50 holders of deposit accounts in a mutual savings bank or 50 stockholders or a majority of shares eligible to vote in a stock savings bank, present in person or represented by proxy, shall constitute a quorum at any annual or special meeting. (1991, c. 680, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 6 - Corporate Administration.
§ 54C-100 - Membership of a mutual association.
§ 54C-103 - Duties and liabilities of officers and directors to their associations.
§ 54C-104 - Conflicts of interest.
§ 54C-106 - Annual meetings notice required.