{"data":{"id":"us-nc/n.c.-gen.-stat.-54-124","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 54-124","heading":"Nature of business authorized.","body":"An association created under this Subchapter shall have power to conduct any agricultural, housing, horticultural, forestry, dairy, mercantile, mining, manufacturing, telephone, electric light, power, storage, refrigeration, flume, irrigation, water, sewerage, or mechanical business, or purchase, maintain and use fire-fighting equipment, or conduct any other lawful business, on the mutual plan. (1915, c. 144, s. 8; C.S., s. 5255; 1925, c. 179, ss. 1, 3; 1949, c. 1042, s. 2; 1955, c. 746, s. 2; 1985, c. 542, s. 5.)","path":["Chapter 54. Cooperative Organizations.","SUBCHAPTER IV. COOPERATIVE ASSOCIATIONS.","Article 18. Powers and Duties."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_54/GS_54-124.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:32Z","sha256":"3493e73897d387567a801989d5a061e035b5385b3f3b46d8ba7de62970f39897","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-54-123","next":"us-nc/n.c.-gen.-stat.-54-125"},"notice":"GroundRules: Original legal text. Not legal advice."}