§ 54-119 Certificate for stock fully paid
§ 54-120 Ownership of shares limited
§ 54-121 Shares issued on purchase of business
§ 54-122 Absent members voting
§ 54-123 Directors and other officers
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Terms Used In North Carolina General Statutes > Chapter 54 > Article 17 - Stockholders and Officers

  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • in writing: may be construed to include printing, engraving, lithographing, and any other mode of representing words and letters: Provided, that in all cases where a written signature is required by law, the same shall be in a proper handwriting, or in a proper mark. See North Carolina General Statutes 12-3