{"data":{"id":"us-nc/n.c.-gen.-stat.-55-2-07","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 55-2-07","heading":"Emergency bylaws.","body":"(a)\tUnless the articles of incorporation provide otherwise, the bylaws may contain provisions that become effective only during an emergency if the provisions are adopted in advance of an emergency. The emergency bylaws may contain all provisions necessary for managing the corporation during an emergency, including all of the following:\n(1)\tProcedures for calling a meeting of the board of directors.\n(2)\tQuorum requirements for the meeting.\n(3)\tDesignation of additional or substitute directors.\n(b)\tAll provisions of the regular bylaws consistent with the emergency bylaws remain effective during the emergency.\n(c)\tCorporate action taken in good faith in accordance with the emergency bylaws binds the corporation and the fact that the action was taken by special procedures shall not be used to impose liability on a corporate director, officer, employee, or agent.\n(d)\tAn emergency exists for purposes of this section if a quorum of the corporation's directors cannot readily be assembled because of some catastrophic event. (1989, c. 265, s. 1; 2025-33, s. 2(a).)","path":["Chapter 55. North Carolina Business Corporation Act.","Article 2. Incorporation."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_55/GS_55-2-07.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:57Z","sha256":"83a91176fa1ac59b36579d8501b88640787dba1154b25178f558cdf2f7fda1a3","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-55-2-06","next":"us-nc/n.c.-gen.-stat.-55-2-08"},"notice":"GroundRules: Original legal text. Not legal advice."}