North Carolina General Statutes > Chapter 55A > Article 6 – Members and Memberships
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In North Carolina General Statutes > Chapter 55A > Article 6 - Members and Memberships
- 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.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- property: shall include all property, both real and personal. See North Carolina General Statutes 12-3