North Carolina General Statutes
Chapter 55A - North Carolina Nonprofit Corporation Act
Article 13 - Distributions.

§ 55A-13-01 - Prohibited distributions. - 55A-13-01. Prohibited distributions. Except as authorized by G.S. 55A-13-02 or...

§ 55A-13-02 - Authorized distributions. - 55A-13-02. Authorized distributions. (a) A corporation may pay reasonable amounts...