{"data":{"id":"us-nc/n.c.-gen.-stat.-55a-7-27","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 55A-7-27","heading":"Corporation's acceptance of votes.","body":"(a)\tIf the name signed on a vote, consent, waiver, or proxy appointment corresponds to the name of a member, the corporation if acting in good faith is entitled to accept the vote, consent, waiver, or proxy appointment and give it effect as the act of the member.\n(b)\tIf the name signed on a vote, consent, waiver, or proxy appointment does not correspond to the record name of a member, the corporation if acting in good faith is nevertheless entitled to accept the vote, consent, waiver, or proxy appointment and give it effect as the act of the member if:\n(1)\tThe member is an entity and the name signed purports to be that of an officer or agent of the entity;\n(2)\tThe name signed purports to be that of an attorney-in-fact of the member and, if the corporation requests it, evidence acceptable to the corporation of the signatory's authority to sign for the member is presented with respect to the vote, consent, waiver, or proxy appointment;\n(3)\tTwo or more persons hold the membership as cotenants or fiduciaries and the name signed purports to be the name of at least one of the coholders and the person signing appears to be acting on behalf of all the coholders; or\n(4)\tIn the case of a corporation other than a charitable or religious corporation:\na.\tThe name signed purports to be that of an administrator, executor, guardian, or conservator representing the member and, if the corporation requests it, evidence of fiduciary status acceptable to the corporation is presented with respect to the vote, consent, waiver, or proxy appointment;\nb.\tThe name signed purports to be that of a receiver or trustee in bankruptcy of the member, and, if the corporation requests it, evidence of this status acceptable to the corporation is presented with respect to the vote, consent, waiver, or proxy appointment.\n(c)\tThe corporation is entitled to reject a vote, consent, waiver, or proxy appointment if the secretary or other officer or agent authorized to tabulate votes, acting in good faith, has reasonable basis for doubt about the validity of the signature on it or about the signatory's authority to sign for the member.\n(d)\tThe corporation and its officer or agent who accepts or rejects a vote, consent, waiver, or proxy appointment in good faith and in accordance with the standards of this section are not liable in damages to the member for the consequences of the acceptance or rejection.\n(e)\tCorporate action based on the acceptance or rejection of a vote, consent, waiver, or proxy appointment under this section is valid unless a court of competent jurisdiction determines otherwise. (1993, c. 398, s. 1; 1995, c. 509, s. 27.)","path":["Chapter 55A North Carolina Nonprofit Corporation Act.","Article 7. Members' Meetings and Voting; Derivative Proceedings.","Part 2. Voting."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_55A/GS_55A-7-27.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:02Z","sha256":"84ac3ab494af72528ef2c919a5c18fb99ac374b725c7afcf64cc9491d646a0d6","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-55a-7-26","next":"us-nc/n.c.-gen.-stat.-55a-7-28"},"notice":"GroundRules: Original legal text. Not legal advice."}