§ 160A-11 Corporate powers
§ 160A-12 Exercise of corporate power

Terms Used In North Carolina General Statutes > Chapter 160A > Article 2 - General Corporate Powers

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.