GroundRules
N.C. Gen. Stat. § 55A-13-01: Prohibited distributions.
Where this section sits in the code
- Chapter 55A North Carolina Nonprofit Corporation Act.
- Article 13. Distributions.
Except as authorized by G.S. 55A-13-02 or Article 14 of this Chapter, a corporation shall not make any distributions. (1955, c. 1230; 1985 (Reg. Sess., 1986), c. 801, s. 32; 1993, c. 398, s. 1.)
Collected 2026-08-27T18:06:02Z. Source file · JSON