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North Carolina · Through S.L. 2026-30

N.C. Gen. Stat. § 54-122: Absent members voting.

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Where this section sits in the code
  1. Chapter 54. Cooperative Organizations.
  2. SUBCHAPTER IV. COOPERATIVE ASSOCIATIONS.
  3. Article 17. Stockholders and Officers.

At any regularly called general or special meeting of the shareholders a written vote received by mail from any absent shareholder, and signed by him, may be read in such meeting, and shall be equivalent to a vote of such of the shareholders so signing: Provided, he has been previously notified in writing of the exact motion or resolution upon which such vote is taken, and a copy of same is forwarded with and attached to the vote so mailed by him. In case of sickness or other unavoidable absence of a member, he shall be allowed to vote by proxy in writing; but no member shall vote more than one such proxy. (1915, c. 144, s. 12; C.S., s. 5253.)

Collected 2026-08-27T18:05:32Z. Source file · JSON

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