N.C. Gen. Stat. § 55-7-40

Current through Session Law 2024-58

Section 55-7-40 - Shareholders' derivative actions

Subject to the provisions of G.S. 55-7-41 and G.S. 55-7-42, a shareholder may bring a derivative proceeding in the superior court of this State. The superior court has exclusive original jurisdiction over shareholder derivative actions.

N.C. Gen. Stat. § 55-7-40

1973,c. 469, s. 12; 1989, c. 265, s. 1; 1995, c. 149, s. 1.