GroundRules
N.C. Gen. Stat. § 54-127: Time of allocation.
Where this section sits in the code
- Chapter 54. Cooperative Organizations.
- SUBCHAPTER IV. COOPERATIVE ASSOCIATIONS.
- Article 18. Powers and Duties.
The profits or net earnings of such association shall be allocated to those entitled thereto, at such times as the bylaws shall prescribe, which shall be as often as once in 12 months. (1915, c. 144, s. 14; C.S., s. 5258; 1985, c. 542, s. 7.)
Collected 2026-08-27T18:05:32Z. Source file · JSON