There shall not be less than three directors, one of whom shall always be a person designated by the Commissioner, which one need not be a stockholder.
N.C. Gen. Stat. § 106-982
Directors
1933, c. 178, s. 3; 1973, c. 1262, s. 86; 1977, c. 771, s. 4; 1989, c. 727, s. 82; 2011-145, s. 13.25(cc); 2018-113, s. 5(c).
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.