There is a newer version of the North Carolina General Statutes
2012 North Carolina General Statutes
Chapter 55 - North Carolina Business Corporation Act.
Article 8 - Directors and Officers.
- Section 55-8-01 - Requirement for and duties of board of directors.
- Section 55-8-02 - Qualifications of directors.
- Section 55-8-03 - Number and election of directors.
- Section 55-8-04 - Election of directors by certain classes of shareholders.
- Section 55-8-05 - Terms of directors generally.
- Section 55-8-06 - Staggered terms for directors.
- Section 55-8-07 - Resignation of directors.
- Section 55-8-08 - Removal of directors by shareholders.
- Section 55-8-09 - Removal of directors by judicial proceeding.
- Section 55-8-10 - Vacancy on board.
- Section 55-8-11 - Compensation of directors.
- Section 55-8-12 through 55-8-19 - Reserved for future codification purposes.
- Section 55-8-20 - Meetings.
- Section 55-8-21 - Action without meeting.
- Section 55-8-22 - Notice of meeting.
- Section 55-8-23 - Waiver of notice.
- Section 55-8-24 - Quorum and voting.
- Section 55-8-25 - Committees.
- Section 55-8-26 through 55-8-29 - Reserved for future codification purposes.
- Section 55-8-30 - General standards for directors.
- Section 55-8-31 - Director conflict of interest.
- Section 55-8-32 - Loans to directors.
- Section 55-8-33 - Liability for unlawful distributions.
- Section 55-8-34 through 55-8-39 - Reserved for future codification purposes.
- Section 55-8-40 - Officers.
- Section 55-8-41 - Duties of officers.
- Section 55-8-42 - Standards of conduct for officers.
- Section 55-8-43 - Resignation and removal of officers.
- Section 55-8-44 - Contract rights of officers.
- Section 55-8-45 through 55-8-49 - Reserved for future codification purposes.
- Section 55-8-50 - Policy statement and definitions.
- Section 55-8-51 - Authority to indemnify.
- Section 55-8-52 - Mandatory indemnification.
- Section 55-8-53 - Advance for expenses.
- Section 55-8-54 - Court-ordered indemnification.
- Section 55-8-55 - Determination and authorization of indemnification.
- Section 55-8-56 - Indemnification of officers, employees, and agents.
- Section 55-8-57 - Additional indemnification and insurance.
- Section 55-8-58 - Application of Part.
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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