North Carolina General Statutes 54-143.1. Franchise taxes
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On and after July 1, 1955, the provisions of Article 3, Subchapter I of Chapter 105 of the N.C. Gen. Stat. of North Carolina shall apply to an association or corporation organized under the provisions of this Subchapter. (1955, c. 1313, s. 1.)
Terms Used In North Carolina General Statutes 54-143.1
- 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.