N.C. Gen. Stat. § 55A-13-01

Prohibited distributions

1955, c. 1230; 1985 (Reg

Except as authorized by G.S. 55A-13-02 or Article 14 of this Chapter, a corporation shall not make any distributions.

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.

Download

Copy

Embed on your site

Hover to preview · click to copy the code

Search Wikipedia →

Versions

Apr 1, 2022 – presentcurrentviewing
North Carolina General Statutes — Release 80 (public.resource.org cic-code CC0) — released 2022-04-01
▸ what changed
Source credit
1955, c. 1230; 1985 (Reg. Sess., 1986), c. 801, s. 32; 1993, c. 398, s. 1.
Jun 1, 2021 – Apr 1, 2022
North Carolina General Statutes — Release 77 (public.resource.org cic-code CC0) — released 2021-06-01
changes vs current →
Source credit
1955, c. 1230; 1985 (Reg. Sess., 1986), c. 801, s. 32; 1993, c. 398, s. 1.

Each edition at which this section's text changed. Select a date to read the text as it stood then.