North Carolina General Statutes 55A-6-01. Members
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Terms Used In North Carolina General Statutes 55A-6-01
- 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.
(a) A corporation may have one or more classes of members or may have no members.
(b) No person shall be admitted as a member without the person’s consent. (1955, c. 1230; 1993, c. 398, s. 1.)