N.C. Gen. Stat. § 55A-13-01
Prohibited distributions
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
Except as authorized by G.S. 55A-13-02 or Article 14 of this Chapter, a corporation shall not make any distributions.
Except as authorized by G.S. 55A-13-02 or Article 14 of this Chapter, a corporation shall not make any distributions.
History
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.