{"data":{"id":"us-nc/n.c.-gen.-stat.-54-127","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 54-127","heading":"Time of allocation.","body":"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.)","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_54-127.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:32Z","sha256":"a3e3ce015161499e4e93b360e5fdadcc78156e4785df2a5fb6ecdecec0f039db","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-54-126","next":"us-nc/n.c.-gen.-stat.-54-128"},"notice":"GroundRules: Original legal text. Not legal advice."}