reglab/housing_qa huggingface dataset:
NC Gen Stat § 55-17-03 (2021)
2021 North Carolina General Statutes|Chapter 55 - North Carolina Business Corporation Act|Article 17 - Transition and Curative Provisions.|§ 55-17-03 - Saving provisions.

 55-17-03. Saving provisions.(a) The existence of corporations formed before July 1, 1990, shall not be impaired by the enactment of this Chapter nor by any change made by this Chapter in the requirements for the formation of corporations nor by any amendment or repeal by this Chapter of the laws under which they were formed or created, and, except as otherwise expressly provided in this Chapter, the repeal of a prior act by this Chapter shall not affect any liability or penalty incurred, under the provisions of such act, prior to the repeal thereof.(b) Any proceeding or corporate action commenced before July 1, 1990, may be completed in accordance with the law then in effect.(c) A corporation dissolved by operation of law before July 1, 1990, may wind up and liquidate its business and affairs pursuant to the provisions of Article 14 of this Chapter. (1955, c. 1371, s. 1; 1957, c. 550, s. 1; 1973, c. 469, s. 1; 1989, c. 265, s. 1; 1993, c. 218, s. 1.)
NC Gen Stat § 55-17-04 (2021)
2021 North Carolina General Statutes|Chapter 55 - North Carolina Business Corporation Act|Article 17 - Transition and Curative Provisions.|§ 55-17-04 - Severability.

 55-17-04. Severability.If any provision of this Chapter or its application to any person or circumstance is held invalid by a court of competent jurisdiction, the invalidity does not affect other provisions or applications of the Chapter that can be given effect without the invalid provision or application, and to this end the provisions of the Chapter are severable. (1989, c. 265, s. 1.)
NC Gen Stat § 55-17-05 (2021)
2021 North Carolina General Statutes|Chapter 55 - North Carolina Business Corporation Act|Article 17 - Transition and Curative Provisions.|§ 55-17-05 - Curative statute.

 55-17-05. Curative statute.All deeds, conveyances and other instruments executed prior to the effective date of this Chapter and validated by the curative provisions of former G.S. 55-36.1 and former Article 12 of Chapter 55 as they were immediately prior to such effective date shall be valid and effective to the same extent as if those provisions had not been amended or repealed. The provisions of former G.S. 55-36 shall continue to apply to all instruments executed before July 1, 1990, to which that section applied. (1905, c. 316; Rev., s. 1248; 1939, c. 23; 1941, c. 294; 1943, c. 219, s. 1 1/2; 1947, c. 504, ss. 1, 2; 1949, c. 436; c. 825; 1951, c. 395; C.S., s. 1134; G.S., ss. 55-35, 55-41, 55-41.1, 55-41.2, 55-42, 55-164.1, 55-164.2; 1955, c. 1371, s. 2; 1957, c. 500, s. 2; 1969, c. 953, s. 1; 1971, c. 60; 1977, c. 40, s. 1; 1979, c. 364; 1989, c. 265, s. 1; 1991, c. 647, s. 1.)
NC Gen Stat § 55A-1-01 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 1 - General Provisions.|§ 55A-1-01 - Short title.

 55A-1-01. Short title.This Chapter shall be known and may be cited as the "North Carolina Nonprofit Corporation Act". (1993, c. 398, s. 1.)
NC Gen Stat § 55A-1-02 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 1 - General Provisions.|§ 55A-1-02 - Reservation of power to amend or repeal.

 55A-1-02. Reservation of power to amend or repeal.The General Assembly has power to amend or repeal all or part of this Chapter at any time and all domestic and foreign corporations subject to this Chapter are governed by the amendment or repeal. (1993, c. 398, s. 1.)
NC Gen Stat § 55A-1-20 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 1 - General Provisions.|§ 55A-1-20 - Filing requirements.

 55A-1-20. Filing requirements.(a) A document required or permitted by this Chapter to be filed by the Secretary of State must be filed under Chapter 55D of the General Statutes.(b) A document submitted on behalf of a domestic or foreign corporation must be executed:(1) By the presiding officer of its board of directors, by its president, or by another of its officers;(2) If directors have not been selected or the corporation has not been formed, by an incorporator; or(3) If the corporation is in the hands of a receiver, trustee, or other court-appointed fiduciary, by that fiduciary. (1955, c. 1230; 1967, c. 13, s. 2; c. 823, s. 21; 1985 (Reg. Sess., 1986), c. 801, s. 2; 1993, c. 398, s. 1; 1999-369, s. 2.1; 2001-358, s. 7(a); 2001-387, ss. 32, 155, 173, 175(a); 2001-413, s. 6.)
NC Gen Stat § 55A-1-21 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 1 - General Provisions.|§ 55A-1-21 - Forms.

 55A-1-21. Forms.(a) The Secretary of State may promulgate and furnish on request forms for:(1) An application for a certificate of existence;(2) A foreign corporation's application for a certificate of authority to conduct affairs in this State;(3) A foreign corporation's application for a certificate of withdrawal;(4) Designation of Principal Office Address; and(5) Corporation's Statement of Change of Principal Office.If the Secretary of State so requires, use of these forms is mandatory.  (b) The Secretary of State may promulgate and furnish on request forms for other documents required or permitted to be filed by this Chapter but their use is not mandatory. (1955, c. 1230; 1993, c. 398, s. 1; 1995, c. 539, s. 9.)
NC Gen Stat § 55A-1-28 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 1 - General Provisions.|§ 55A-1-28 - Certificate of existence.

 55A-1-28. Certificate of existence.(a) Anyone may apply to the Secretary of State to furnish a certificate of existence for a domestic corporation or a certificate of authorization for a foreign corporation.(b) A certificate of existence or authorization sets forth:(1) The domestic corporation's corporate name or the foreign corporation's name used in this State;(2) That the domestic corporation is duly incorporated under the law of this State, the date of its incorporation, and the period of its duration if less than perpetual; or that the foreign corporation is authorized to conduct affairs in this State;(3) That the articles of incorporation of a domestic corporation or the certificate of authority of a foreign corporation has not been suspended for failure to comply with the Revenue Act of this State and that the corporation has not been administratively dissolved for failure to comply with the provisions of this Chapter;(4) Repealed by Session Laws c. 539, s. 14.(5) That articles of dissolution have not been filed; and(6) Other facts of record in the office of the Secretary of State that may be requested by the applicant.(c) Subject to any qualification stated in the certificate, a certificate of existence or authorization issued by the Secretary of State may be relied upon as conclusive evidence that the domestic or foreign corporation is in existence or is authorized to conduct affairs in this State. (1955, c. 1230; 1993, c. 398, s. 1; 1995, c. 539, s. 14.)
NC Gen Stat § 55A-1-30 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 1 - General Provisions.|§ 55A-1-30 - Powers.

 55A-1-30. Powers.The Secretary of State has the power reasonably necessary to perform the duties required of the Secretary of State by this Chapter. (1955, c. 1230; 1993, c. 398, s. 1.)
NC Gen Stat § 55A-1-31 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 1 - General Provisions.|§ 55A-1-31 - Interrogatories by Secretary of State.

 55A-1-31. Interrogatories by Secretary of State.The Secretary of State may propound to any domestic or foreign corporation which the Secretary of State has reason to believe is subject to the provisions of this Chapter, and to any officer or director thereof, any written interrogatories as may be reasonably necessary and proper to enable the Secretary of State to ascertain whether the corporation is subject to the provisions of this Chapter or has complied with all the provisions of this Chapter applicable to it. The interrogatories shall be answered within 30 days after the mailing thereof, or within such additional time as shall be fixed by the Secretary of State, and the answers thereto shall be full and complete and shall be made in writing and under oath. If the interrogatories are directed to an individual, they shall be answered by the individual, and if directed to a corporation, they shall be answered by the presiding officer of the board of directors, the president, or by another officer of the corporation. The Secretary of State shall certify to the Attorney General, for such action as the Attorney General may deem appropriate, all interrogatories and answers thereto which disclose a violation of any of the provisions of this Chapter, requiring or permitting action by the Attorney General. (1955, c. 1230; 1993, c. 398, s. 1.)
NC Gen Stat § 55A-1-32 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 1 - General Provisions.|§ 55A-1-32 - Penalties imposed upon corporations, officers, and directors for failure to answer interrogatories.

 55A-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. 55A-14-20 or for revocation under G.S. 55A-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. 1230; 1993, c. 398, s. 1; 1994, Ex. Sess., c. 14, s. 37.)
NC Gen Stat § 55A-1-33 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 1 - General Provisions.|§ 55A-1-33 - Information disclosed by interrogatories.

 55A-1-33. Information disclosed by interrogatories.Interrogatories propounded by the Secretary of State and the answers thereto shall not be open to public inspection nor shall the Secretary of State disclose any facts or information obtained therefrom except when the Secretary of State's official duty requires disclosure to be made public or when the interrogatories or the answers thereto are required for evidence in any criminal proceeding or in any other action or proceeding by this State. (1993, c. 398, s. 1.)
NC Gen Stat § 55A-1-50 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 1 - General Provisions.|§ 55A-1-50 - Private Foundations.

 55A-1-50. Private Foundations.Except where otherwise determined by a court of competent jurisdiction, a corporation that is a private foundation as defined in section 509(a) of the Internal Revenue Code of 1986:(1) Shall distribute such amounts for each taxable year at such time and in such manner as not to subject the corporation to tax under section 4942 of the Code.(2) Shall not engage in any act of self-dealing as defined in section 4941(d) of the Code.(3) Shall not retain any excess business holdings as defined in section 4943(c) of the Code.(4) Shall not make any investments in such manner as to subject the corporation to tax under section 4944 of the Code.(5) Shall not make any taxable expenditures as defined in section 4945(d) of the Code.All references in this section to sections of the Code shall be to sections of the Internal Revenue Code of 1986 as amended from time to time, or to corresponding provisions of subsequent internal revenue laws of the United States. (1955, c. 1230; 1957, c. 783, s. 7; 1969, c. 875, s. 4; 1971, c. 1136, s. 1; 1977, c. 236, s. 1, c. 663; 1979, c. 1027; 1985, c. 505; 1985 (Reg. Sess., 1986), c. 801, ss. 8-14; 1993, c. 398, s. 1.)
NC Gen Stat § 55A-1-60 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 1 - General Provisions.|§ 55A-1-60 - Judicial relief.

 55A-1-60. Judicial relief.(a) If for any reason it is impracticable for any corporation to call or conduct a meeting of its members, delegates, or directors, or otherwise obtain their consent, in the manner prescribed by its articles of incorporation, bylaws, or this Chapter, then upon petition of a director, officer, delegate, member, or the Attorney General, the superior court may order that such a meeting be held or that a written ballot or other method be used for obtaining the vote of members, delegates, or directors, in such a manner as the court finds fair and equitable under the circumstances.(b) The court shall, in an order issued pursuant to this section, provide for a method of notice reasonably designed to give actual notice to all such persons who would be entitled to notice of a meeting held pursuant to the articles of incorporation, bylaws, and this Chapter, and notice given in this manner shall be effective whether or not it results in actual notice to all such persons or conforms to the notice requirements that would otherwise apply. Notice shall be given in this manner to all persons determined by the court to be members or directors.(c) The order issued pursuant to this section may, to the extent the court finds it reasonably required under the circumstances, dispense with any requirement relating to the holding of or voting at meetings or obtaining votes, including any requirement as to quorums or as to the number or percentage of votes needed for approval, that would otherwise be imposed by the articles of incorporation, bylaws, or this Chapter.(d) Whenever practical any order issued pursuant to this section shall limit the subject matter of meetings or other forms of consent authorized to items, including amendments to the articles of incorporation or bylaws, the resolution of which will or may enable the corporation to continue managing its affairs without further resort to this section; provided, however, that an order under this section may also authorize the obtaining of whatever votes and approvals are necessary for the dissolution, merger, or sale of assets.(e) Any meeting or other method of obtaining the vote of members, delegates, or directors conducted pursuant to an order issued under this section, and that complies with all the provisions of the order, is for all purposes a valid meeting or vote, as the case may be, and shall have the same force and effect as if it complied with every requirement imposed by the articles of incorporation, bylaws, and this Chapter. (1993, c. 398, s. 1.)
NC Gen Stat § 55A-1-70 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 1 - General Provisions.|§ 55A-1-70 - Electronic transactions.

 55A-1-70. Electronic transactions.(a) A corporation may conduct a transaction by electronic means, except as limited by its articles of incorporation or bylaws or by action of its board of directors.(b) Members who wish to communicate and conduct business with a corporation by electronic means shall first designate the email address to be used for communication and business between the member and the corporation and shall provide any other information required by the corporation to facilitate communication and business conducted between the member and the corporation. The corporation shall inform the members on how to designate an email address, of any additional information the corporation requires and how to provide it, and on how to update an email address and other required information previously provided.(c) For purposes of applying Article 40 of Chapter 66 of the General Statutes to transactions under this Chapter, a corporation that conducts an electronic transaction in accordance with this section is deemed to have agreed to conduct the transaction by electronic means.  (2008-37, s. 3; 2021-162, s. 2(c).)
NC Gen Stat § 55A-2-01 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 2 - Organization.|§ 55A-2-01 - Incorporators.

 55A-2-01. Incorporators.One or more persons may act as the incorporator or incorporators of a corporation by delivering articles of incorporation to the Secretary of State for filing. (1955, c. 1230; 1969, c. 875, s. 1; 1971, c. 1231, s. 1; 1993, c. 398, s. 1.)
NC Gen Stat § 55A-2-03 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 2 - Organization.|§ 55A-2-03 - Incorporation.

 55A-2-03. Incorporation.(a) Unless a delayed effective date is specified, the corporate existence begins when the articles of incorporation are filed.(b) The Secretary of State's filing of the articles of incorporation is conclusive proof that the incorporators satisfied all conditions precedent to incorporation except in a proceeding by the State to cancel or revoke the incorporation or involuntarily dissolve the corporation. (1955, c. 1230; 1967, c. 13, s. 4; 1993, c. 398, s. 1.)
NC Gen Stat § 55A-2-05 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 2 - Organization.|§ 55A-2-05 - Organization of corporation.

 55A-2-05. Organization of corporation.(a) After incorporation:(1) If initial directors are named in the articles of incorporation, the initial directors shall hold an organizational meeting at the call of a majority of the directors to complete the organization of the corporation by appointing officers, adopting bylaws, and conducting any other business brought before the meeting.(2) If initial directors are not named in the articles of incorporation, the incorporator or incorporators shall hold an organizational meeting at the call of a majority of the incorporators (i) to elect directors and complete the organization of the corporation, or (ii) to elect a board of directors who shall complete the organization of the corporation.(b) Action required or permitted by this Chapter to be taken by incorporators at an organizational meeting may be taken without a meeting if the action taken is evidenced by one or more written consents describing the action taken and signed by each incorporator. If the incorporators act at a meeting, the notice and procedural provisions of G.S. 55A-8-22, 55A-8-23, and 55A-8-24 shall apply.(c) An organizational meeting may be held in or out of this State. (1955, c. 1230; 1969, c. 875, s. 2; 1985 (Reg. Sess., 1986), c. 801, s. 6; 1993, c. 398, s. 1.)
NC Gen Stat § 55A-2-06 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 2 - Organization.|§ 55A-2-06 - Bylaws.

 55A-2-06. Bylaws.(a) The incorporators or board of directors of a corporation shall adopt initial bylaws for the corporation.(b) The bylaws may contain any provision for regulating and managing the affairs of the corporation that is not inconsistent with law or the articles of incorporation. (1955, c. 1230; 1993, c. 398, s. 1.)
NC Gen Stat § 55A-2-07 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 2 - Organization.|§ 55A-2-07 - Emergency bylaws.

 55A-2-07. Emergency bylaws.(a) Unless the articles of incorporation provide otherwise, the board of directors of a corporation may adopt, amend, or repeal bylaws to be effective only in an emergency defined in subsection (d) of this section. The emergency bylaws, which are subject to amendment or repeal by the members, may make all provisions necessary for managing the corporation during the emergency, including:(1) Procedures for calling a meeting of the board of directors;(2) Quorum requirements for the meeting; and(3) Designation of additional or substitute directors.(b) All provisions of the regular bylaws consistent with the emergency bylaws remain effective during the emergency. The emergency bylaws are not effective after the emergency ends.(c) Corporate action taken in good faith in accordance with the emergency bylaws binds the corporation, and the fact that the action was taken pursuant to emergency bylaws shall not be used to impose liability on a corporate director, officer, employee, or agent.(d) An emergency exists for purposes of this section if a natural or man-made disaster impedes the ability of the corporation's board of directors or members to comply with one or more provisions of the corporation's bylaws.  (1993, c. 398, s. 1; 2021-162, s. 2(d).)
NC Gen Stat § 55A-3-01 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 3 - Purposes and Powers.|§ 55A-3-01 - Purposes.

 55A-3-01. Purposes.(a) Every corporation incorporated under this Chapter has the purpose of engaging in any lawful activity unless a more limited purpose is set forth in its articles of incorporation.(b) A corporation engaging in an activity that is subject to regulation under another statute of this State may incorporate under this Chapter only if permitted by, and subject to all limitations of, the other statute. (1955, c. 1230; 1993, c. 398, s. 1.)
NC Gen Stat § 55A-3-03 (2021)
2021 North Carolina General Statutes|Chapter 55A - North Carolina Nonprofit Corporation Act|Article 3 - Purposes and Powers.|§ 55A-3-03 - Emergency powers.

 55A-3-03. Emergency powers.(a) In anticipation of or during an emergency defined in subsection (d) of this section, the board of directors of a corporation may:(1) Modify lines of succession to accommodate the incapacity of any director, officer, employee, or agent; and(2) Relocate the principal office, designate alternative principal offices or regional offices, or authorize the officers to do so.(b) During an emergency defined in subsection (d) of this section, unless emergency bylaws provide otherwise:(1) Notice of a meeting of the board of directors need be given only to those directors it is practicable to reach and may be given in any practicable manner, including by publication and radio; and(2) One or more officers of the corporation present at a meeting of the board of directors may be deemed to be directors for the meeting, in order of rank and within the same rank in order of seniority, as necessary to achieve a quorum.(c) Corporate action taken in good faith during an emergency under this section, to further the ordinary affairs of the corporation, binds the corporation and the fact that the action is taken pursuant to this section shall not be used to impose liability on a corporate director, officer, employee, or agent.(d) An emergency exists for purposes of this section if a natural or man-made disaster impedes the ability of the corporation's board of directors or members to comply with one or more provisions of the corporation's bylaws.  (1993, c. 398, s. 1; 2021-162, s. 2(e).)