There is a newer version of the North Carolina General Statutes
2005 North Carolina Code - Chapter 54 — Cooperative Organizations.
- § 54-45. Application of term.
- § 54-46. Incorporation and powers.
- § 54-47. Loans.
- § 54-48. Reserve associations.
- § 54-49. Land Conservation and Development Bureau; land mortgage associations.
- § 54-50. Number of incorporators; capital stock.
- § 54-51. Incorporation.
- § 54-52. Organization.
- § 54-53. Corporate powers.
- § 54-54. Restrictions.
- § 54-55. Mortgage forms; approval.
- § 54-56. Repayment of loan and interest.
- § 54-57. Terms of payment.
- § 54-58. Transfer of mortgaged lands.
- § 54-59. Calling in loans before due.
- § 54-60. Partial recall of debt.
- § 54-61. Foreclosure.
- § 54-62. Appraisal of lands.
- § 54-63. Preference prohibited; association borrowing money.
- § 54-64. Bond issues.
- § 54-65. Deed of trust.
- § 54-66. Collaterals deposited with State Treasurer.
- § 54-67. Redemption of bonds.
- § 54-68. Validity of bonds after maturity.
- § 54-69. Bonds as payment.
- § 54-70. Bonds as investments.
- § 54-71. Application of earnings; reserve fund.
- § 54-72. Restriction on holding real estate.
- § 54-73. Banking laws applicable.
- § 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.
- § 54-109.8. Reserved for future codification purposes.
- § 54-109.9. Reserved for future codification purposes.
- § 54-109.10. Creation and supervision of Division.
- § 54-109.11. Duties of Administrator.
- § 54-109.12. Corporations organized hereunder subject to Administrator of Credit Unions; rules and regulations.
- § 54-109.13. Revocation of certificate; liquidation.
- § 54-109.14. Fees.
- § 54-109.15. Reports.
- § 54-109.16. Annual examinations required; payment of cost.
- § 54-109.17. Records.
- § 54-109.18. Selection of attorneys to handle loan-closing proceedings.
- § 54-109.19. Removal of officers.
- § 54-109.20. Reserved for future codification purposes.
- § 54-109.21. General powers.
- § 54-109.22. Incidental powers.
- §§ 54-109.23 through 54-109.25. Reserved for future codification purposes.
- § 54-109.26. "Membership" defined.
- § 54-109.27. Societies and other associations.
- § 54-109.28. Other credit unions.
- § 54-109.29. Members who leave field.
- § 54-109.30. Liability of shareholders.
- § 54-109.31. Meetings of members.
- §§ 54-109.32 through 54-109.34. Reserved for future codification purposes.
- § 54-109.35. Election or appointment of officials.
- § 54-109.36. Record of board and committee members.
- § 54-109.37. Vacancies.
- § 54-109.38. Compensation of officials.
- § 54-109.39. Conflicts of interest.
- § 54-109.40. Executive officers.
- § 54-109.41. Authority of directors.
- § 54-109.42. Executive committee.
- § 54-109.43. Meetings of directors.
- § 54-109.44. Duties of directors.
- § 54-109.45. Authority of credit committee.
- § 54-109.46. Meetings of credit committee.
- § 54-109.47. Loan officers.
- § 54-109.48. When credit committee dispensed with.
- § 54-109.49. Duties of supervisory committee.
- §§ 54-109.50 through 54-109.52. Reserved for future codification purposes.
- § 54-109.53. Shares.
- § 54-109.54. Dividends.
- § 54-109.55. Deposits.
- § 54-109.56. Thrift accounts.
- § 54-109.57. Payable on Death (POD) accounts.
- § 54-109.58. Joint accounts.
- § 54-109.59. Liens.
- § 54-109.60. Repealed by Session Laws 1977, c. 559, s. 6.
- § 54-109.61. Reduction in shares.
- § 54-109.62. Reserved for future codification purposes.
- § 54-109.63. Personal agency accounts.
- § 54-109.64. Reserved for future codification purposes.
- § 54-109.65. Purposes, terms and interest rate.
- § 54-109.66. Application.
- § 54-109.67. Loan limit.
- § 54-109.68. Security.
- § 54-109.69. Installments.
- § 54-109.70. Line of credit.
- § 54-109.71. Other loan programs.
- §§ 54-109.72 through 54-109.74. Reserved for future codification purposes.
- § 54-109.75. Insurance for members.
- § 54-109.76. Liability insurance for officers.
- § 54-109.77. Group purchasing.
- § 54-109.78. Share and deposit insurance.
- §§ 54-109.79 through 54-109.81. Reserved for future codification purposes.
- § 54-109.82. Investment of funds.
- §§ 54-109.83 through 54-109.85. Reserved for future codification purposes.
- § 54-109.86. Transfers to regular reserve.
- § 54-109.87. Use of regular reserve.
- § 54-109.88. "Risk assets" defined.
- §§ 54-109.89 through 54-109.91. Reserved for future codification purposes.
- § 54-109.92. Suspension and conservation.
- § 54-109.93. Liquidation.
- § 54-109.94. Merger.
- § 54-109.95. Conversion of charter.
- §§ 54-109.96 through 54-109.98. Reserved for future codification purposes.
- § 54-109.99. Restriction of taxation.
- §§ 54-109.100 through 54-109.104. Reserved for future codification purposes.
- § 54-110.1. Definition and purposes.
- § 54-110.2. Membership.
- § 54-110.3. Charter and name exclusive.
- § 54-110.4. Organization.
- § 54-110.5. Powers and privileges.
- § 54-110.6. Participation in central system.
- § 54-110.7. Right of set-off; security interest.
- § 54-110.8. Fees.
- § 54-110.9. Reserves.
- § 54-110.10. Applicability of Article.
- § 54-111. Nature of the association.
- § 54-111.1. Repealed by Session Laws 1959, c. 991.
- § 54-112. Use of term restricted.
- § 54-113. Articles of agreement.
- § 54-114. Certificate of incorporation.
- § 54-115. Fees for incorporation.
- § 54-116. Bylaws adopted.
- § 54-117. General corporation law or general nonprofit corporation law applied; dealing in products of, or renting to, nonmembers.
- § 54-118. Other corporations admitted.
- § 54-118.1. License taxes.
- § 54-118.2. Franchise taxes.
- § 54-119. Certificate for stock fully paid.
- § 54-120. Ownership of shares limited.
- § 54-121. Shares issued on purchase of business.
- § 54-122. Absent members voting.
- § 54-123. Directors and other officers.
- § 54-124. Nature of business authorized.
- § 54-125. Amendment of articles.
- § 54-126. Apportionment of earnings.
- § 54-127. Time of allocation.
- § 54-128. Annual reports.
- § 54-129. Declaration of policy.
- § 54-130. Definitions and nature.
- § 54-131. Who may organize.
- § 54-132. Purposes.
- § 54-133. Preliminary investigation.
- § 54-134. Articles of incorporation.
- § 54-135. Amendments to articles of incorporation.
- § 54-136. Bylaws.
- § 54-137. General and special meetings; how called.
- § 54-138. Conflicting laws not to apply.
- § 54-139. Foreign cooperative corporations; limitation on use of word "cooperative."
- § 54-140. Association heretofore organized may adopt the provisions of this Subchapter.
- § 54-141. Associations not in restraint of trade.
- § 54-142. Application of North Carolina Business Corporation Act to cooperative associations with capital stock.
- § 54-142.1. Application of Nonprofit Corporation Act to cooperative associations without capital stock.
- § 54-143. License taxes.
- § 54-143.1. Franchise taxes.
- § 54-144. Filing fees.
- § 54-145. Members.
- § 54-146. Directors; election.
- § 54-147. Election of officers.
- § 54-148. Stock; membership certificates; when issued; voting; liability; limitation on transfer of ownership.
- § 54-149. Removal of officer or director.
- § 54-150. Referendum.
- § 54-151. Powers.
- § 54-152. Marketing contract.
- § 54-153. Purchasing business of other associations, persons, firms, or corporations; payment; stock issued.
- § 54-154. Annual reports.
- § 54-155. Interest in other corporations or associations.
- § 54-156. Contracts and agreements with other associations.
- § 54-157. Breach of marketing contract of cooperative association; spreading false reports about the finances or management thereof; misdemeanor.
- § 54-158. Cooperative associations may form subsidiaries.
- § 54-159. Procedure for merger.
- § 54-160. Procedure for consolidation.
- § 54-161. Approval of merger or consolidation; abandonment.
- § 54-162. Articles of merger or consolidation.
- § 54-163. Effect of merger or consolidation.
- § 54-164. Merger or consolidation of domestic and foreign associations.
- § 54-165. Sale, lease or exchange of assets; mortgage or pledge of assets.
- § 54-166. Rights of objecting members.
Disclaimer: These codes may not be the most recent version. North Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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