GroundRules
N.C. Gen. Stat. § 53-372: Required vote of shareholders.
Where this section sits in the code
- Chapter 53. Regulation of Financial Services.
- Article 24. Trust Companies and Interstate Trust Business.
- Part 5. Dissolution and Receivership; Conservatorship; Jeopardized State Trust Companies.
With the approval of the Commissioner, a State trust company may go into voluntary liquidation, be closed, and surrender its charter and franchise as a corporation of this State by the affirmative vote of its shareholders owning two-thirds of its stock. (2001-263, s. 1.)
Collected 2026-08-27T18:05:12Z. Source file · JSON