In any derivative proceeding in the right of a foreign corporation, the matters covered by this Part shall be governed by the laws of the jurisdiction of incorporation of the foreign corporation except for the matters governed by G.S. 55-7-43, 55-7-45, and 55-7-46.
N.C. Gen. Stat. § 55-7-47
Applicability to foreign corporations
Applied in 9 court decisions — leading case 188 N.C. App. 671 - Bluebird Corp. v. Aubin (2008)
Most recently applied in Raul v. Burke (October 2015)
1995, c. 149, s. 1.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
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.