The superior court division is the proper division, without regard to the amount in controversy, for a receivership proceeding of a debtor that is not an individual under Article 38A of Chapter 1 of the General Statutes, and proceedings under Chapters 55 (North Carolina Business Corporation Act) and 55A (Nonprofit Corporation Act), and 57D (North Carolina Limited Liability Company Act) of the General Statutes.
N.C. Gen. Stat. § 7A-249
Corporate receiverships
Applied in 1 court decision — leading case 205 N.C. App. 325 - Burgess v. Burgess (2010)
Most recently applied in 205 N.C. App. 325 - Burgess v. Burgess (July 2010)
1965, c. 310, s. 1; 1973, c. 503, s. 6; 1989 (Reg
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.