There Is a Newer Version
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the North Carolina General Statutes
2011 North Carolina General Statutes
Chapter 156 Drainage.
Article 4 - Rights and Liabilities in the Corporation.
156-49. Dissolution of corporation.
Universal Citation:
NC Gen Stat § 156-49
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156‑49. Dissolution of corporation.
If, from any cause, the canal or other improvement shall become or shall prove to be valueless, any corporator may apply as is provided in other cases of special proceedings, and the court may dissolve the corporation created in connection with it. (1868‑9, c. 164, s. 13; Code, s. 1322; Rev., s. 4007; C.S., s. 5307.)
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