North Carolina General Statutes > Chapter 54 > Article 14A – Formation of Credit Union
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Terms Used In North Carolina General Statutes > Chapter 54 > Article 14A - Formation of Credit Union
- 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.
- Quorum: The number of legislators that must be present to do business.