reglab/housing_qa huggingface dataset:
NC Gen Stat § 55B-3 (2021)
2021 North Carolina General Statutes|Chapter 55B - Professional Corporation Act|§ 55B-3 - North Carolina Business Corporation Act applicable; other applicable law.

 55B-3. North Carolina Business Corporation Act applicable; other applicable law.(a) Chapter 55 of the General Statutes, the North Carolina Business Corporation Act, applies to professional corporations, including their organization, and professional corporations shall enjoy the powers and privileges and shall be subject to the duties, restrictions and liabilities of other corporations, except insofar as the same may be limited or enlarged by this Chapter. If any provision of this Chapter conflicts with the provisions of Chapter 55 of the General Statutes, the North Carolina Business Corporation Act, the provisions of this Chapter shall prevail.(b) A document required or permitted by this Chapter to be filed by the Secretary of State shall be filed under Chapter 55D of the General Statutes, Filings, Names, and Registered Agents for Corporations, Nonprofit Corporations, Limited Liability Companies, Limited Partnerships, and Limited Partnerships. (1969, c. 718, s. 3; 1989 (Reg. Sess., 1990), c. 1024, s. 3; 2001-358, s. 11; 2001-387, ss. 173, 175(a); 2001-413, s. 6.)
NC Gen Stat § 55B-4 (2021)
2021 North Carolina General Statutes|Chapter 55B - Professional Corporation Act|§ 55B-4 - Formation of corporation.

 55B-4. Formation of corporation.A professional corporation under this Chapter may be formed pursuant to the provisions of Chapter 55, the North Carolina Business Corporation Act, with the following limitations:(1) At least one incorporator shall be a "licensee" as hereinabove defined in G.S. 55B-2(2).(2) All of the shares of stock of the corporation shall be owned and held by a licensee, or licensees, as hereinabove defined in G.S. 55B-2(2), except as otherwise permitted in G.S. 55B-6.(3) At least one director and one officer shall be a "licensee" as hereinabove defined in G.S. 55B-2(2).(4) The articles of incorporation, in addition to the requirements of Chapter 55, shall designate the personal services to be rendered by the professional corporation and shall be accompanied by a certification by the appropriate licensing board that the ownership of the shares of stock is in compliance with the requirements of G.S. 55B-4(2) and G.S. 55B-6. (1969, c. 718, s. 4; 1977, c. 855, s. 1; 1989 (Reg. Sess., 1990), c. 1024, s. 3; 1991, c. 205, s. 2; 1995, c. 351, s. 15.)
NC Gen Stat § 55B-5 (2021)
2021 North Carolina General Statutes|Chapter 55B - Professional Corporation Act|§ 55B-5 - Corporate name.

 55B-5. Corporate name.The corporate name used by professional corporations under this Chapter, except as limited by the licensing acts of the respective professions, shall be governed by the provisions of Chapter 55D, provided that professional corporations may use the words "Professional Association, P.A.," "Professional Corporation," or "P.C." in lieu of the corporate designations specified in Chapter 55D, and provided further that licensing boards by regulations may make further corporate name requirements or limitations for the respective professions, but such regulations may not prohibit the continued use of any corporate name duly adopted in conformity with the General Statutes and with the pertinent licensing board regulations in effect at the date of such adoption. (1969, c. 718, s. 5; 1983, c. 22; 1989 (Reg. Sess., 1990), c. 1024, s. 3; 2001-358, s. 25; 2001-387, ss. 173, 175(a); 2001-413, s. 6.)
NC Gen Stat § 55B-7 (2021)
2021 North Carolina General Statutes|Chapter 55B - Professional Corporation Act|§ 55B-7 - Death or disqualification of a stockholder or employee.

 55B-7. Death or disqualification of a stockholder or employee.(a) If any officer, shareholder, agent or employee of a corporation organized under this Chapter who is a licensee becomes legally disqualified to render professional services within this State, he shall sever all employment with, and financial interest in, such corporation forthwith. A corporation's failure to comply with this provision shall constitute grounds for the forfeiture of its certificate of incorporation and its dissolution. When a corporation's failure to comply with this provision is brought to the attention of the Secretary of State, the Secretary of State shall forthwith certify that fact to the Attorney General for appropriate action to dissolve the corporation.(b) A professional corporation shall report to the appropriate licensing board the death of any of its shareholders within 30 days thereafter. Within one year of the date of such death, all of the shares owned by such deceased shareholder shall be transferred to and acquired by the professional corporation or persons qualified to own such shares. In the absence of an agreement which determines the equitable value of the shares, then the price for such shares shall be the fair market value of the stock, but not less than the book value as of the end of the month immediately preceding the death or disqualification. Notwithstanding any other provisions of this Chapter, the shares of stock owned by such deceased shareholder may be owned and held by the person or persons who may be legally entitled to receive such shares for a period of one year after the death of such deceased shareholder, or in the case of the death of the owner of all the shares of such corporation, for such period of time as may be necessary to liquidate the corporation. (1969, c. 718, s. 7.)
NC Gen Stat § 55B-8 (2021)
2021 North Carolina General Statutes|Chapter 55B - Professional Corporation Act|§ 55B-8 - Rendition of professional services.

 55B-8. Rendition of professional services.A professional service corporation may render professional services only through its officers, employees and agents who are duly licensed to render such professional services; provided, however, this provision shall not be interpreted to include in the term "employee," as used herein, clerks, secretaries, bookkeepers, technicians and other assistants who are not considered by law to be rendering professional services to the public. (1969, c. 718, s. 8.)
NC Gen Stat § 55B-9 (2021)
2021 North Carolina General Statutes|Chapter 55B - Professional Corporation Act|§ 55B-9 - Professional relationship and liability.

 55B-9. Professional relationship and liability.(a) Relationship. - Nothing in this Chapter shall be interpreted to abolish, modify, restrict, limit or alter the law in this State applicable to the professional relationship and liabilities between the licensee furnishing the professional services and the person receiving such professional service, or the standards of professional conduct applicable to the rendering therein of such services.(b) Liability. - A shareholder, a director, or an officer of a professional corporation is not individually liable, directly or indirectly, including by indemnification, contribution, assessment, or otherwise, for the debts, obligations, and liabilities of, or chargeable to, the professional corporation that arise from errors, omissions, negligence, malpractice, incompetence, or malfeasance committed by another shareholder, director, or officer or by a representative of the professional corporation; provided, however, nothing in this Chapter shall affect the liability of a shareholder, director, or officer of a professional corporation for his or her own errors, omissions, negligence, malpractice, incompetence, or malfeasance committed in the rendering of professional services. (1969, c. 718, s. 9; 1993, c. 354, s. 2; 1999-362, s. 2; 2000-140, s. 101(f).)
NC Gen Stat § 55B-10 (2021)
2021 North Carolina General Statutes|Chapter 55B - Professional Corporation Act|§ 55B-10 - Registration with licensing board.

 55B-10. Registration with licensing board.No professional corporation shall open, operate, or maintain an establishment for any of the purposes set forth in this Chapter without first having obtained a certificate of registration from the licensing board or boards. Applications for such registration shall be made to the licensing board or boards in writing and shall contain the name and address of the corporation and such other information as may be required by the licensing board or boards. If the board finds that no disciplinary action is pending before the board against any of the licensed incorporators, officers, directors, shareholders or employees of such corporation, and if it appears that such corporation will be conducted in compliance with the law and the regulations of the board, the board shall issue, upon the payment of a registration fee, not to exceed fifty dollars ($50.00), a certificate of registration which shall remain effective until January 1 following the date of such registration or until such other expiration or renewal date as may be established by law or by the regulations of the licensing board. (1969, c. 718, s. 10.)
NC Gen Stat § 55B-11 (2021)
2021 North Carolina General Statutes|Chapter 55B - Professional Corporation Act|§ 55B-11 - Renewal of certificate of registration.

 55B-11. Renewal of certificate of registration.Upon written application of the holder, accompanied by a fee not to exceed the sum of twenty-five dollars ($25.00), the licensing board shall renew the certificate of registration of a professional corporation as required by law or the regulations of the licensing board if the board finds that the corporation has complied with its regulations and the provisions of this section. If the corporation does not apply for renewal of its certificate of registration within 30 days after the date of the expiration of such certificate, the certificate of registration shall be automatically suspended and may be reinstated within the calendar year upon the payment of the required renewal fee plus a penalty of ten dollars ($10.00), if such corporation is then otherwise qualified and entitled to a renewal of its certificate of registration. (1969, c. 718, s. 11.)
NC Gen Stat § 55B-12 (2021)
2021 North Carolina General Statutes|Chapter 55B - Professional Corporation Act|§ 55B-12 - Application of regulations of licensing boards.

 55B-12. Application of regulations of licensing boards.(a) A professional corporation shall be subject to the applicable rules and regulations adopted by, and all the disciplinary powers of, the licensing board as herein defined. Nothing in this Chapter shall impair the disciplinary powers of any licensing board applicable to a licensee as herein defined. No professional corporation may do any act which its shareholders as licensees are prohibited from doing.(b) Subject to the requirements of Article 2A of Chapter 150B of the General Statutes, any licensing board subject to this Chapter may adopt rules to implement the provisions of this Chapter, including any rules needed to establish fees within the limits set by this Chapter.  (1969, c. 718, s. 12; 2014-120, s. 3.)
NC Gen Stat § 55B-13 (2021)
2021 North Carolina General Statutes|Chapter 55B - Professional Corporation Act|§ 55B-13 - Suspension or revocation of certificate of registration.

 55B-13. Suspension or revocation of certificate of registration.A licensing board may suspend or revoke a certificate of registration issued by it to a domestic or foreign professional corporation for any of the following reasons:(1) Upon the failure of such corporation to promptly remove or discharge an officer, director, shareholder or employee who becomes disqualified by reason of the revocation or suspension of his license to practice; or(2) Upon a finding by the licensing board that the professional corporation has failed to comply with the provisions of this Chapter or the regulations of the licensing board.Upon the suspension or revocation of a certificate of registration issued to a professional corporation, such corporation shall cease forthwith to render professional services, and the Secretary of State shall be notified to the end that the corporation may be removed from active status and remain as such until reinstatement. (1969, c. 718, s. 13; 1995, c. 351, s. 17.)
NC Gen Stat § 55B-15 (2021)
2021 North Carolina General Statutes|Chapter 55B - Professional Corporation Act|§ 55B-15 - Applicability of Chapter.

 55B-15. Applicability of Chapter.(a) This Chapter shall not apply to the following:(1) A corporation which prior to June 5, 1969, was permitted by law to render professional services or the corporate successor of that corporation by merger or otherwise by operation of law, provided there is no substantial change in the direct or indirect beneficial ownership of the shares of that corporation as the result of the merger or other transaction. For purposes of this subdivision, a change of twenty percent (20%) or less shall not be considered substantial.(2) A corporation authorized in this State to render primary services governed by Articles 1, 2, 4, or 5 of Chapter 87 of the General Statutes, if the corporation renders services as defined in Chapter 89C of the General Statutes, that are reasonably necessary and connected with the primary services performed by individuals regularly employed in the ordinary course of business by the corporation. The professional services may not be offered, performed, or rendered independently from the primary services rendered by the corporation. This subdivision does not restrict, limit, or modify the requirement that professional services must be provided by individuals regularly employed in the ordinary course of business by the corporation and duly licensed to render these professional services in this State. Nothing in this subdivision shall be interpreted to abolish, modify, restrict, limit, or alter the law in this State applicable to the professional relationship and liabilities between licensees furnishing the professional service and the person receiving the professional service, or the standards of professional conduct applicable to the rendering of the professional service.(b) A corporation or its successor exempt under subsection (a) of this section may be brought within the provisions of this Chapter by the filing of an amendment to its articles of incorporation declaring that its shareholders have elected to bring the corporation within the provisions of this Chapter and to make the same conform to all of the provisions of this Chapter. (1969, c. 718, s. 15; 1991, c. 645, s. 20; 1997-244, s. 1.)
NC Gen Stat § 55C-1 (2021)
2021 North Carolina General Statutes|Chapter 55C - Foreign Trade Zones|§ 55C-1 - Public corporations authorized to apply for privilege of establishing a foreign trade zone.

 55C-1. Public corporations authorized to apply for privilege of establishing a foreign trade zone.Any public corporation of the State of North Carolina, as that term is hereinafter defined is hereby authorized to make application for the privilege of establishing, operating and maintaining a foreign trade zone in accordance with an act of Congress approved June 18, 1934, entitled, "An Act to Provide for the Establishment, Operation and Maintenance of Foreign Trade Zones in Ports of Entry of the United States," to expedite and encourage foreign commerce, and for other purposes. (1975, 2nd Sess., c. 983, s. 132.)
NC Gen Stat § 55C-2 (2021)
2021 North Carolina General Statutes|Chapter 55C - Foreign Trade Zones|§ 55C-2 - "Public corporation" defined.

 55C-2. "Public corporation" defined.The term "public corporation" for the purposes of this Chapter, means the State of North Carolina or any political subdivision thereof, or any public agency of this State or any political subdivision thereof, or any public board, bureau, commission or authority created by the General Assembly, or a corporate municipal instrumentality of one or more states.  (1975, 2nd Sess., c. 983, s. 132; 2013-342, s. 2.)
NC Gen Stat § 55C-3 (2021)
2021 North Carolina General Statutes|Chapter 55C - Foreign Trade Zones|§ 55C-3 - Private corporations authorized to apply for privilege of establishing a foreign trade zone.

 55C-3. Private corporations authorized to apply for privilege of establishing a foreign trade zone.Any private corporation hereafter organized under the laws of this State for the specific purpose of establishing, operating and maintaining a foreign trade zone in accordance with the act of Congress referred to in G.S. 55C-1 is likewise authorized to make application for the privilege of establishing, operating and maintaining a foreign trade zone in accordance with the said act of Congress. (1975, 2nd Sess., c. 983, s. 132.)
NC Gen Stat § 55C-4 (2021)
2021 North Carolina General Statutes|Chapter 55C - Foreign Trade Zones|§ 55C-4 - Public or private corporation establishing foreign trade zone to be governed by federal law.

 55C-4. Public or private corporation establishing foreign trade zone to be governed by federal law.Any public or private corporation authorized by this Chapter to make application for the privilege of establishing, operating, and maintaining said foreign trade zone, whose application is granted pursuant to the terms of the aforementioned act of Congress is hereby authorized to establish such foreign trade zone and to operate and maintain the same subject to the conditions and restrictions of the said act of Congress and any amendments thereto, and under such rules and regulations and for the period of time that may be prescribed by the board established by said act of Congress to carry out the provisions of such act. (1975, 2nd Sess., c. 983, s. 132; 1977, c. 782, s. 1.)
NC Gen Stat § 57-1 through 57-38 (2021)
2021 North Carolina General Statutes|Chapter 57 - Hospital, Medical and Dental Service Corporations|§ 57-1 through 57-38 - Recodified as Articles 65 and 66 of Chapter 58.

 57-1 through 57-38: Recodified as Articles 65 and 66 of Chapter 58.
NC Gen Stat § 57A-1 through 57A-29 (2021)
2021 North Carolina General Statutes|Chapter 57A - Health Maintenance Organization Act|§ 57A-1 through 57A-29 - Recodified as §§ 57B-1 to 57B-25.

 57A-1 through 57A-29. Recodified as 57B-1 to 57B-25.
NC Gen Stat § 57B-1 through 57B-25 (2021)
2021 North Carolina General Statutes|Chapter 57B - Health Maintenance Organization Act|§ 57B-1 through 57B-25 - Recodified as Article 67 of Chapter 58.

 57B-1 through 57B-25: Recodified as Article 67 of Chapter 58.
NC Gen Stat § 58A-1 through 58A-5 (2021)
2021 North Carolina General Statutes|Chapter 58A - North Carolina Health Insurance Trust Commission|§ 58A-1 through 58A-5 - Recodified as Article 68 of Chapter 58.

 58A-1 through 58A-5: Recodified as Article 68 of Chapter 58.
NC Gen Stat § 59B-1 (2021)
2021 North Carolina General Statutes|Chapter 59B - Uniform Unincorporated Nonprofit Association Act|§ 59B-1 - Short title.

 59B-1. Short title.This Chapter may be cited as the Uniform Unincorporated Nonprofit Association Act. (2006-226, s. 1.)
NC Gen Stat § 59B-2 (2021)
2021 North Carolina General Statutes|Chapter 59B - Uniform Unincorporated Nonprofit Association Act|§ 59B-2 - Definitions.

 59B-2. Definitions.In this Chapter:(1) "Member" means a person who, under the rules or practices of a nonprofit association, may participate in the selection of persons authorized to manage the affairs of the nonprofit association or in the development of policy of the nonprofit association.(2) "Nonprofit association" means an unincorporated organization, other than one created by a trust and other than a limited liability company, consisting of two or more members joined by mutual consent for a common, nonprofit purpose. However, joint tenancy, tenancy in common, or tenancy by the entireties does not by itself establish a nonprofit association, even if the co-owners share use of the property for a nonprofit purpose.(3) "Person" means an individual, corporation, limited liability company, business trust, estate, trust, partnership, association, joint venture, government, governmental subdivision, agency, or instrumentality, or any other legal or commercial entity.(4) "State" means a state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, or any territory or insular possession subject to the jurisdiction of the United States. (2006-226, s. 1.)
NC Gen Stat § 59B-3 (2021)
2021 North Carolina General Statutes|Chapter 59B - Uniform Unincorporated Nonprofit Association Act|§ 59B-3 - Supplementary general principles of law and equity.

 59B-3. Supplementary general principles of law and equity.Principles of law and equity supplement this Chapter unless displaced by a particular provision of it. (2006-226, s. 1.)
NC Gen Stat § 59B-4 (2021)
2021 North Carolina General Statutes|Chapter 59B - Uniform Unincorporated Nonprofit Association Act|§ 59B-4 - Title to property; choice of law.

 59B-4. Title to property; choice of law.Real and personal property in this State may be acquired, held, encumbered, and transferred by a nonprofit association, whether or not the nonprofit association or a member has any other relationship to this State. (2006-226, s. 1.)
NC Gen Stat § 59B-5 (2021)
2021 North Carolina General Statutes|Chapter 59B - Uniform Unincorporated Nonprofit Association Act|§ 59B-5 - Real and personal property; nonprofit association as devisee or beneficiary.

 59B-5. Real and personal property; nonprofit association as devisee or beneficiary.(a) A nonprofit association is a legal entity separate from its members for the purposes of acquiring, holding, encumbering, and transferring real and personal property.(b) A nonprofit association, in its name, may acquire, hold, encumber, or transfer an estate or interest in real or personal property.(c) A nonprofit association may be a beneficiary of a trust or contract or a devisee.(d) Any judgments and executions against a nonprofit association bind its real and personal property in like manner as if it were incorporated.  (2006-226, s. 1; 2011-284, s. 59.)