GroundRules
← Search the law
North Carolina · Through S.L. 2026-30

N.C. Gen. Stat. § 57D-10-01: Purpose; public policy.

Read at publisher ↗
Where this section sits in the code
  1. Chapter 57D. North Carolina Limited Liability Company Act.
  2. Article 10. Miscellaneous.

(a) This Chapter is to be applied to promote its purposes and policies.

(b) The purpose of this Chapter is to provide a flexible framework under which one or more persons may organize and manage one or more businesses as they determine to be appropriate with minimum prescribed formalities or constraints.

(c) It is the policy of this Chapter to give the maximum effect to the principle of freedom of contract and the enforceability of operating agreements. (2013-157, s. 2.)

Collected 2026-08-27T18:06:47Z. Source file · JSON

Browse this collection