{"data":{"id":"us-nc/n.c.-gen.-stat.-54-52","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 54-52","heading":"Organization.","body":"The incorporators at their first annual meeting shall elect by ballot from their number a board of trustees of not less than six members who shall adopt a code of bylaws and a plan of organization approved by the Commissioner of Agriculture and the Commissioner of Banks. (1925, c. 223, s. 4; 1931, c. 243, s. 5.)","path":["Chapter 54. Cooperative Organizations.","SUBCHAPTER II. LAND AND LOAN ASSOCIATIONS.","Article 8. Organization and Powers."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_54/GS_54-52.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:32Z","sha256":"2eb030a40e10379767973157971a4b079a6395c842c2437848cd883f27ae7f7b","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-54-51","next":"us-nc/n.c.-gen.-stat.-54-53"},"notice":"GroundRules: Original legal text. Not legal advice."}