North Carolina General Statutes > Chapter 160A > Article 2 – General Corporate Powers
Current as of: 2023 | Check for updates
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Other versions
§ 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.