N.C. Gen. Stat. § 55-2-04
Reserved for future codification purposes
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
NORTH CAROLINA COMMENTARY
Reserved for future codification purposes.
North Carolina Commentary
Section 2.04 of the Model Act, which relates to liability for preincorporation transactions, was omitted because it was thought to be too simplistic to apply to every preincorporation situation. General case law will apply. See generally Smith v. Morgan, 50 N.C. App. 208, 209, 272 S.E.2d 602 (1980) (statement in dictum).
Section 2.04 of the Model Act, which relates to liability for preincorporation transactions, was omitted because it was thought to be too simplistic to apply to every preincorporation situation. General case law will apply. See generally Smith v. Morgan, 50 N.C. App. 208, 209, 272 S.E.2d 602 (1980). (statement in dictum).
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.