55A-14-31. Procedure for judicial dissolution.
(a) Venue for a proceeding to dissolve a corporation lies in the county where a corporation's principal office, or, if there is none in this State, its registered office, is or was last located.
(b) It is not necessary to make directors or members parties to a proceeding to dissolve a corporation unless relief is sought against them individually.
(c) A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint a receiver with all powers and duties the court directs, take other action required to preserve the corporate assets wherever located, and carry on the activities of the corporation. (1955, c. 1230; 1985 (Reg. Sess., 1986), c. 801, s. 42; 1993, c. 398, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 55A - North Carolina Nonprofit Corporation Act
§ 55A-14-01 - Dissolution by incorporators or directors prior to commencement of activities.
§ 55A-14-02 - Dissolution by directors, members, and third persons.
§ 55A-14-03 - Plan of dissolution.
§ 55A-14-04 - Articles of dissolution.
§ 55A-14-05 - Revocation of dissolution.
§ 55A-14-06 - Effect of dissolution.
§ 55A-14-07 - Known claims against dissolved corporation.
§ 55A-14-08 - Unknown and certain other claims against dissolved corporation.
§ 55A-14-09 - Enforcement of claims.
§ 55A-14-20 - Grounds for administrative dissolution.
§ 55A-14-21 - Procedure for and effect of administrative dissolution.
§ 55A-14-22 - Reinstatement following administrative dissolution.
§ 55A-14-23 - Appeal from denial of reinstatement.
§ 55A-14-24 - Inapplicability of Administrative Procedure Act.
§ 55A-14-30 - Grounds for judicial dissolution.
§ 55A-14-31 - Procedure for judicial dissolution.
§ 55A-14-33 - Decree of dissolution.
§ 55A-14-40 - Disposition of amounts due to unavailable members and creditors.