§ 54-109.1 Definition and purposes
§ 54-109.2 Organization procedure
§ 54-109.3 Form of articles and bylaws
§ 54-109.4 Amendments
§ 54-109.5 Use of name exclusive
§ 54-109.6 Office facilities
§ 54-109.7 Conducting business outside this State

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.