There is a newer version of the North Carolina General Statutes
2005 North Carolina Code - General Statutes § 54C-108. Quorum.
§ 54C‑108. Quorum.
Unless otherwise provided in the savings bank's charter or bylaws, 50 holders of deposit accounts in a mutual savings bank or 50 stockholders or a majority of shares eligible to vote in a stock savings bank, present in person or represented by proxy, shall constitute a quorum at any annual or special meeting. (1991, c. 680, s. 1.)
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