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Terms Used In North Carolina General Statutes 47-97

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Probate: Proving a will

In all cases where the deed of a corporation executed before April 1, 2021, is properly executed, properly recorded and there is error in the probate of the corporation’s deed as to the name or names of the officers in the probate, the deed has the same force and effect as if the probate were in every way proper. (1933, c. 412, s. 1; 2013-204, s. 1.32; 2021-91, s. 4(i).)