55-1-32. Penalties imposed upon corporations, officers, and directors for failure to answer interrogatories.
(a) The knowing failure or refusal of a domestic or foreign corporation to answer truthfully and fully within the time prescribed in this Chapter interrogatories propounded by the Secretary of State in accordance with the provisions of this Chapter shall constitute grounds for administrative dissolution under G.S. 55-14-20 or for revocation under G.S. 55-15-30, as the case may be.
(b) Each officer and director of a domestic or foreign corporation who knowingly fails or refuses within the time prescribed by this Chapter to answer truthfully and fully interrogatories propounded to him by the Secretary of State in accordance with the provisions of this Chapter shall be guilty of a Class 1 misdemeanor. (1955, c. 1371, s. 1; 1989, c. 265, s. 1; 1993, c. 539, s. 440, c. 552, s. 3; 1994, Ex. Sess., c. 24, s. 14(c).)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 55 - North Carolina Business Corporation Act
Article 1 - General Provisions.
§ 55-1-02 - Reservation of power to amend or repeal.
§ 55-1-20 - Filing requirements.
§ 55-1-22 - Filing, service, and copying fees.
§ 55-1-28 - Certificate of existence.
§ 55-1-29 - Transferred to § 55D-18 by Session Laws 2001-358, s3(b).
§ 55-1-31 - Interrogatories by Secretary of State.
§ 55-1-33 - Information disclosed by interrogatories.
§ 55-1-40 - Chapter definitions.
§ 55-1-42 - Number of shareholders.
§ 55-1-50 - Electronic transactions.
§ 55-1-61 - Defective corporate actions.
§ 55-1-62 - Ratification of defective corporate actions.
§ 55-1-63 - Action on ratification.
§ 55-1-64 - Notice requirements.
§ 55-1-65 - Effect of ratification.
§ 55-1-67 - Judicial proceedings regarding validity of corporate actions.