{"data":{"id":"us-nc/n.c.-gen.-stat.-55a-11-06","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 55A-11-06","heading":"Merger with foreign corporation.","body":"(a)\tExcept as provided in G.S. 55A-11-02, one or more foreign corporations may merge with one or more domestic nonprofit corporations if:\n(1)\tThe merger is permitted by the law of the state or country under whose law each foreign corporation is incorporated and each foreign corporation complies with that law in effecting the merger;\n(2)\tThe foreign corporation complies with G.S. 55A-11-04 if it is the surviving corporation of the merger; and\n(3)\tEach domestic nonprofit corporation complies with the applicable provisions of G.S. 55A-11-01 through G.S. 55A-11-03 and, if it is the surviving corporation of the merger, with G.S. 55A-11-04.\n(b)\tRepealed by Session Laws 2005, c. 268, s. 42.\n(c)\tThis section does not limit the power of a foreign corporation to acquire all or part of the memberships of one or more classes of a domestic nonprofit corporation through a voluntary exchange or otherwise. (1973, c. 314, s. 4; 1985 (Reg. Sess., 1986), c. 801, s. 39; 1993, c. 398, s. 1; 1995, c. 400, s. 7; 2001-387, ss. 36, 37; 2005-268, s. 42; 2006-226, s. 16(c); 2006-264, s. 44(f).)","path":["Chapter 55A North Carolina Nonprofit Corporation Act.","Article 11. Merger."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_55A/GS_55A-11-06.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:02Z","sha256":"2f1616e3f7465da39849ef33ca6fbc005c35050baaa1806e68b6eeb4bb45ccdb","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-55a-11-05","next":"us-nc/n.c.-gen.-stat.-55a-11-07"},"notice":"GroundRules: Original legal text. Not legal advice."}