Source: https://ncleg.gov/Laws/GeneralStatuteSections/Chapter55A
Timestamp: 2019-04-25 22:38:07+00:00

Document:
Chapter 55A - North Carolina Nonprofit Corporation Act.
Article ARTICLE 1 - General Provisions.
§ 55A-1-02. Reservation of power to amend or repeal.
§§ 55A-1-03 through 55A-1-19. Reserved for future codification purposes.
§ 55A-1-22. Filing, service, and copying fees.
§§ 55A-1-22.1 through 55A-1-27: Repealed by Session Laws 2001-358, s. 7(b), effective January 1, 2002.
§ 55A-1-28. Certificate of existence.
§ 55A-1-29: Repealed by Session Laws 2001-358, s. 7(b).
§ 55A-1-31. Interrogatories by Secretary of State.
§ 55A-1-32. Penalties imposed upon corporations, officers, and directors for failure to answer interrogatories.
§ 55A-1-33. Information disclosed by interrogatories.
§§ 55A-1-34 through 55A-1-39. Reserved for future codification purposes.
§§ 55A-1-42 through 55A-1-49. Reserved for future codification purposes.
§§ 55A-1-51 through 55A-1-59. Reserved for future codification purposes.
§ 55A-2-02. Articles of incorporation.
§ 55A-2-04. Reserved for future codification purposes.
§ 55A-2-05. Organization of corporation.
§ 55A-3-05. Exercise of corporate franchises not granted.
§ 55A-3-06. Special powers; public parks and drives and certain recreational corporations.
§ 55A-3-07. Certain corporations subject to Public Records Act and Open Meetings Law.
§§ 55A-4-01 through 55A-4-05: Repealed by Session Laws 2001-358, s. 23, effective January 1, 2002.
§ 55A-5-01. Registered office and registered agent.
§ 55A-5-02: Repealed by Session Laws 2001-358, s. 48.
§ 55A-5-02.1: Transferred to § 55A-16-23 by Session Laws 2001-358, s. 48(d).
§§ 55A-5-03 through 55A-5-04: Repealed by Session Laws 2001-358, s. 48(c), effective January 1, 2002.
Article 6 - Members and Memberships.
Article 7 - Members' Meetings and Voting; Derivative Proceedings.
§ 55A-7-04. Action by written consent.
§ 55A-7-05. Notice of meeting.
§ 55A-7-06. Waiver of notice.
§ 55A-7-08. Action by written ballot.
§§ 55A-7-09 through 55A-7-19. Reserved for future codification purposes.
§ 55A-7-20. Members' list for meeting.
§ 55A-7-21. Voting entitlement generally.
§ 55A-7-25. Voting for directors; cumulative voting.
§ 55A-7-26. Other methods of electing directors.
§ 55A-7-27. Corporation's acceptance of votes.
§ 55A-7-28. Reserved for future codification purposes.
§ 55A-7-29. Reserved for future codification purposes.
§§ 55A-7-31 through 55A-7-39. Reserved for future codification purposes.
§ 55A-8-01. Requirement for and duties of board.
§ 55A-8-02. Qualifications of directors.
§ 55A-8-03. Number of directors.
§ 55A-8-04. Election, designation, and appointment of directors.
§ 55A-8-05. Terms of directors generally.
§ 55A-8-06. Staggered terms for directors.
§ 55A-8-07. Resignation of directors.
§ 55A-8-08. Removal of directors elected by members or directors.
§ 55A-8-09. Removal of designated or appointed directors.
§ 55A-8-10. Removal of directors by judicial proceeding.
§ 55A-8-11. Vacancy on board.
§ 55A-8-12. Compensation of directors.
§§ 55A-8-13 through 55A-8-19. Reserved for future codification purposes.
§ 55A-8-20. Regular and special meetings.
§ 55A-8-21. Action without meeting.
§ 55A-8-22. Notice of meetings.
§ 55A-8-23. Waiver of notice.
§ 55A-8-24. Quorum and voting.
§§ 55A-8-26 through 55A-8-29. Reserved for future codification purposes.
§ 55A-8-30. General standards for directors.
§ 55A-8-31. Director conflict of interest.
§ 55A-8-32. Loans to or guaranties for directors and officers.
§ 55A-8-33. Liability for unlawful loans or distributions.
§§ 55A-8-34 through 55A-8-39. Reserved for future codification purposes.
§ 55A-8-41. Duties of officers.
§ 55A-8-42. Standards of conduct for officers.
§ 55A-8-43. Resignation and removal of officers.
§ 55A-8-44. Contract rights of officers.
§§ 55A-8-45 through 55A-8-49. Reserved for future codification purposes.
§ 55A-8-50. Policy statement and definitions.
§ 55A-8-53. Advance for expenses.
§ 55A-8-55. Determination and authorization of indemnification.
§ 55A-8-56. Indemnification of officers, employees, and agents.
§ 55A-8-57. Additional indemnification and insurance.
§ 55A-8-58. Application of Part.
§ 55A-8-59. Reserved for future codification purposes.
§ 55A-10-01. Authority to amend.
§ 55A-10-02. Amendment by board of directors.
§ 55A-10-03. Amendment by directors and members.
§ 55A-10-04. Class voting by members on amendments.
§ 55A-10-05. Articles of amendment.
§ 55A-10-06. Restated articles of incorporation.
§ 55A-10-07. Effect of amendment.
§§ 55A-10-08 through 55A-10-19. Reserved for future codification purposes.
§ 55A-10-20. Amendment by directors.
§ 55A-10-21. Amendment by directors and members.
§ 55A-10-22. Class voting by members on amendments.
§§ 55A-10-23 through 55A-10-29. Reserved for future codification purposes.
§ 55A-10-30. Approval by third persons.
§ 55A-11-01. Approval of plan of merger.
§ 55A-11-02. Limitations on mergers by charitable or religious corporations.
§ 55A-11-03. Action on plan.
§ 55A-11-04. Articles of merger.
§ 55A-11-05. Effect of merger.
§ 55A-11-06. Merger with foreign corporation.
§ 55A-11-07. Devises and gifts.
§ 55A-11-08. Merger with business corporation.
§ 55A-11-09. Merger with unincorporated entity.
§ 55A-11-10. Merger with certain charitable or religious corporation or hospital authority.
§ 55A-11A-1: Reserved for future codification purposes.
§ 55A-11A-2: Reserved for future codification purposes.
§ 55A-11A-3: Reserved for future codification purposes.
§ 55A-11A-4: Reserved for future codification purposes.
§ 55A-11A-5: Reserved for future codification purposes.
§ 55A-11A-6: Reserved for future codification purposes.
§ 55A-11A-7: Reserved for future codification purposes.
§ 55A-11A-8: Reserved for future codification purposes.
§ 55A-11A-9: Reserved for future codification purposes.
§ 55A-12-01. Sale of assets in regular course of activities and mortgage of assets.
§ 55A-12-02. Sale of assets other than in regular course of activities.
§ 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-14-10 through 55A-14-19. Reserved for future codification purposes.
§ 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-14-25 through 55A-14-29. Reserved for future codification purposes.
§ 55A-14-30. Grounds for judicial dissolution.
§ 55A-14-31. Procedure for judicial dissolution.
§ 55A-14-33. Decree of dissolution.
§§ 55A-14-34 through 55A-14-39. Reserved for future codification purposes.
§ 55A-14-40. Disposition of amounts due to unavailable members and creditors.
§ 55A-14A-01. Fundamental changes in reorganization proceedings.
§ 55A-15-01. Authority to conduct affairs required.
§ 55A-15-02. Consequences of conducting affairs without authority.
§ 55A-15-03. Application for certificate of authority.
§ 55A-15-04. Amended certificate of authority.
§ 55A-15-05. Effect of certificate of authority.
§ 55A-15-06: Repealed by Session Laws 2001-358, s. 22, effective January 1, 2002.
§ 55A-15-07. Registered office and registered agent of foreign corporation.
§§ 55A-15-08 through 55A-15-10: Repealed by Session Laws 2001-358, s. 48(c), effective January 1, 2002.
§§ 55A-15-11 through 55A-15-19. Reserved for future codification purposes.
§ 55A-15-20. Withdrawal of foreign corporation.
§ 55A-15-21. Withdrawal of foreign corporation by reason of a merger, consolidation, or conversion.
§§ 55A-15-22 through 55A-15-29. Reserved for future codification purposes.
§ 55A-15-30. Grounds for revocation.
§ 55A-15-31. Procedure and effect of revocation.
§ 55A-15-32. Appeal from revocation.
§ 55A-15-33. Inapplicability of Administrative Procedure Act.
§ 55A-16-02. Inspection of records by members.
§ 55A-16-03. Scope of inspection rights.
§ 55A-16-05. Limitations on use of membership list.
§§ 55A-16-06 through 55A-16-19. Reserved for future codification purposes.
§ 55A-16-20. Financial statements for members.
§ 55A-16-21. Notice of indemnification to members.
§ 55A-16-22: Repealed by Session Laws 1995, c. 539, s. 8.
§ 55A-16-23. Principal office address.
§ 55A-16-24. Financial statements for the public.
§ 55A-17-01. Applicability of Chapter.
§ 55A-17-02. Certain religious, etc., associations deemed incorporated.
§ 55A-17-05. Validation of amendments to corporate charters extending corporate existence; limitation of actions; intent.

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