N.C. Gen. Stat. § 106-990

Current through Session Law 2024-56

Section 106-990 - Dissolution of corporation

Any such corporation may be dissolved at any time in the manner provided by and under the provisions of the general corporation laws of the State of North Carolina, except that the court shall dismiss any petition for dissolution of any such corporation filed within 20 years of the date of its organization unless the same is accompanied by a certificate of the Commissioner consenting to such dissolution.

Amended by 2011 N.C. Sess. Laws 145,s. 13.25-dd, eff. 7/1/2011.

Renumbered from § 113-71 by 2011 N.C. Sess. Laws 145,s. 13.25-cc, eff. 7/1/2011, (subsequently renumbered from 106-940 by the state reviser).

1933, c. 178, s. 11; 1973, c. 1262, s. 86; 1977, c. 771, s. 4; 1989, c. 727, s. 88.