N.C. Gen. Stat. § 55A-6-40
Delegates
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
(1) A corporation may provide in its articles of incorporation or bylaws for delegates having some or all of the authority of members.
(1) A corporation may provide in its articles of incorporation or bylaws for delegates having some or all of the authority of members.
(2) The articles of incorporation or bylaws may set forth provisions relating to: The characteristics, qualifications, rights, limitations, and obligations of delegates, including their selection and removal;
(2) The articles of incorporation or bylaws may set forth provisions relating to: The characteristics, qualifications, rights, limitations, and obligations of delegates, including their selection and removal;
(3) Calling, noticing, holding, and conducting meetings of delegates; and
(3) Calling, noticing, holding, and conducting meetings of delegates; and
(4) Carrying on corporate activities during and between meetings of delegates.
(4) Carrying on corporate activities during and between meetings of delegates.
History
(1993, c. 398, s. 1.)
NORTH CAROLINA COMMENTARY
This section had no counterpart in the prior law. It was adapted from Section 6.40 of the Model Act.
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.