{"data":{"id":"us-nc/n.c.-gen.-stat.-54-119","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 54-119","heading":"Certificate for stock fully paid.","body":"Certificates of stock shall not be issued to any subscriber until fully paid, but the bylaws of the association may allow subscribers to vote as shareholders: Provided, part of the stock subscribed for has been paid in cash. (1915, c. 144, s. 11; C.S., s. 5250.)","path":["Chapter 54. Cooperative Organizations.","SUBCHAPTER IV. COOPERATIVE ASSOCIATIONS.","Article 17. Stockholders and Officers."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_54/GS_54-119.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:32Z","sha256":"16291c9dc22033102f159e5676b73e67260f1467b389b6f6f24206903e7ef829","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-54-118.2","next":"us-nc/n.c.-gen.-stat.-54-120"},"notice":"GroundRules: Original legal text. Not legal advice."}