N.C. Gen. Stat. § 39-44

Current through Session Law 2024-53
Section 39-44 - Definition

The term "business trust" whenever used or referred to in this Article shall mean any unincorporated association, including an Illinois land trust, a Delaware statutory trust, or a Massachusetts business trust, engaged in any business or trade under a written instrument or declaration of trust under which the beneficial interest therein is divided into shares represented by certificates or shares of beneficial interest.

N.C. Gen. Stat. § 39-44

Amended by 2009 N.C. Sess. Laws 174,s. 1, eff. 10/1/2009.
1977, c. 768, s. 1.