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North Carolina General Statutes
Chapter 55A: North Carolina Nonprofit Corporation Act.

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Article 1 - General Provisions. [RTF] [PDF]
G.S. 55A-1-01 55A-1-01. Short title.[RTF] [PDF]
G.S. 55A-1-02 55A-1-02. Reservation of power to amend or repeal.[RTF] [PDF]
G.S. 55A-1-03 through 55A-1-19 55A-1-03 through 55A-1-19. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-1-20 55A-1-20. Filing requirements.[RTF] [PDF]
G.S. 55A-1-21 55A-1-21. Forms.[RTF] [PDF]
G.S. 55A-1-22 55A-1-22. Filing, service, and copying fees.[RTF] [PDF]
G.S. 55A-1-22.1 55A-1-22.1 through 55A-1-27: Repealed by Session Laws 2001-358, s. 7(b), effective January 1, 2002.[RTF] [PDF]
G.S. 55A-1-22.2 55A-1-22.1 through 55A-1-27: Repealed by Session Laws 2001-358, s. 7(b), effective January 1, 2002.[RTF] [PDF]
G.S. 55A-1-23 55A-1-22.1 through 55A-1-27: Repealed by Session Laws 2001-358, s. 7(b), effective January 1, 2002.[RTF] [PDF]
G.S. 55A-1-24 55A-1-22.1 through 55A-1-27: Repealed by Session Laws 2001-358, s. 7(b), effective January 1, 2002.[RTF] [PDF]
G.S. 55A-1-25 55A-1-22.1 through 55A-1-27: Repealed by Session Laws 2001-358, s. 7(b), effective January 1, 2002.[RTF] [PDF]
G.S. 55A-1-26 55A-1-22.1 through 55A-1-27: Repealed by Session Laws 2001-358, s. 7(b), effective January 1, 2002.[RTF] [PDF]
G.S. 55A-1-27 55A-1-22.1 through 55A-1-27: Repealed by Session Laws 2001-358, s. 7(b), effective January 1, 2002.[RTF] [PDF]
G.S. 55A-1-28 55A-1-28. Certificate of existence.[RTF] [PDF]
G.S. 55A-1-29 55A-1-29: Repealed by Session Laws 2001-358, s. 7(b).[RTF] [PDF]
G.S. 55A-1-30 55A-1-30. Powers.[RTF] [PDF]
G.S. 55A-1-31 55A-1-31. Interrogatories by Secretary of State.[RTF] [PDF]
G.S. 55A-1-32 55A-1-32. Penalties imposed upon corporations, officers, and directors for failure to answer interrogatories.[RTF] [PDF]
G.S. 55A-1-33 55A-1-33. Information disclosed by interrogatories.[RTF] [PDF]
G.S. 55A-1-34 through 55A-1-39 55A-1-34 through 55A-1-39. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-1-40 55A-1-40. Chapter definitions.[RTF] [PDF]
G.S. 55A-1-41 55A-1-41. Notice.[RTF] [PDF]
G.S. 55A-1-42 through 55A-1-49 55A-1-42 through 55A-1-49. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-1-50 55A-1-50. Private Foundations.[RTF] [PDF]
G.S. 55A-1-51 through 55A-1-59 55A-1-51 through 55A-1-59. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-1-60 55A-1-60. Judicial relief.[RTF] [PDF]
G.S. 55A-1-70 55A-1-70. Electronic transactions.[RTF] [PDF]
Article 2 - Organization. [RTF] [PDF]
G.S. 55A-2-01 55A-2-01. Incorporators.[RTF] [PDF]
G.S. 55A-2-02 55A-2-02. Articles of incorporation.[RTF] [PDF]
G.S. 55A-2-03 55A-2-03. Incorporation.[RTF] [PDF]
G.S. 55A-2-04 55A-2-04. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-2-05 55A-2-05. Organization of corporation.[RTF] [PDF]
G.S. 55A-2-06 55A-2-06. Bylaws.[RTF] [PDF]
G.S. 55A-2-07 55A-2-07. Emergency bylaws.[RTF] [PDF]
Article 3 - Purposes and Powers. [RTF] [PDF]
G.S. 55A-3-01 55A-3-01. Purposes.[RTF] [PDF]
G.S. 55A-3-02 55A-3-02. General powers.[RTF] [PDF]
G.S. 55A-3-03 55A-3-03. Emergency powers.[RTF] [PDF]
G.S. 55A-3-04 55A-3-04. Ultra vires.[RTF] [PDF]
G.S. 55A-3-05 55A-3-05. Exercise of corporate franchises not granted.[RTF] [PDF]
G.S. 55A-3-06 55A-3-06. Special powers; public parks and drives and certain recreational corporations.[RTF] [PDF]
G.S. 55A-3-07 55A-3-07. Certain corporations subject to Public Records Act and Open Meetings Law.[RTF] [PDF]
Article 4 - Names. [RTF] [PDF]
G.S. 55A-4-01 55A-4-01 through 55A-4-05: Repealed by Session Laws 2001-358, s. 23, effective January 1, 2002.[RTF] [PDF]
G.S. 55A-4-02 55A-4-01 through 55A-4-05: Repealed by Session Laws 2001-358, s. 23, effective January 1, 2002.[RTF] [PDF]
G.S. 55A-4-03 55A-4-01 through 55A-4-05: Repealed by Session Laws 2001-358, s. 23, effective January 1, 2002.[RTF] [PDF]
G.S. 55A-4-04 55A-4-01 through 55A-4-05: Repealed by Session Laws 2001-358, s. 23, effective January 1, 2002.[RTF] [PDF]
G.S. 55A-4-05 55A-4-01 through 55A-4-05: Repealed by Session Laws 2001-358, s. 23, effective January 1, 2002.[RTF] [PDF]
Article 5 - Office and Agent. [RTF] [PDF]
G.S. 55A-5-01 55A-5-01. Registered office and registered agent.[RTF] [PDF]
G.S. 55A-5-02 55A-5-02: Repealed by Session Laws 2001-358, s. 48.[RTF] [PDF]
G.S. 55A-5-02.1 55A-5-02.1: Transferred to 55A-16-23 by Session Laws 2001-358, s. 48(d).[RTF] [PDF]
G.S. 55A-5-03 55A-5-03 through 55A-5-04: Repealed by Session Laws 2001-358, s. 48(c), effective January 1, 2002.[RTF] [PDF]
G.S. 55A-5-04 55A-5-03 through 55A-5-04: Repealed by Session Laws 2001-358, s. 48(c), effective January 1, 2002.[RTF] [PDF]
Article 6 - Members and Memberships. [RTF] [PDF]
G.S. 55A-6-01 55A-6-01. Members.[RTF] [PDF]
G.S. 55A-6-02 through 55A-6-19 55A-6-02 through 55A-6-19. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-6-20 55A-6-20. Designations, qualifications, rights, and obligations of members.[RTF] [PDF]
G.S. 55A-6-21 55A-6-21. Prohibition of stock.[RTF] [PDF]
G.S. 55A-6-22 55A-6-22. Member's liability to third parties.[RTF] [PDF]
G.S. 55A-6-23 55A-6-23. Member's liability for dues, assessments, and fees.[RTF] [PDF]
G.S. 55A-6-24 55A-6-24. Creditor's action against member.[RTF] [PDF]
G.S. 55A-6-25 through 55A-6-29 55A-6-25 through 55A-6-29. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-6-30 55A-6-30. Resignation.[RTF] [PDF]
G.S. 55A-6-31 55A-6-31. Termination, expulsion, and suspension.[RTF] [PDF]
G.S. 55A-6-32 through 55A-6-39 55A-6-32 through 55A-6-39. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-6-40 55A-6-40. Delegates.[RTF] [PDF]
Article 7 - Members' Meetings and Voting; Derivative Proceedings. [RTF] [PDF]
G.S. 55A-7-01 55A-7-01. Annual and regular meetings.[RTF] [PDF]
G.S. 55A-7-02 55A-7-02. Special meeting.[RTF] [PDF]
G.S. 55A-7-03 55A-7-03. Court-ordered meeting.[RTF] [PDF]
G.S. 55A-7-04 55A-7-04. Action by written consent.[RTF] [PDF]
G.S. 55A-7-05 55A-7-05. Notice of meeting.[RTF] [PDF]
G.S. 55A-7-06 55A-7-06. Waiver of notice.[RTF] [PDF]
G.S. 55A-7-07 55A-7-07. Record date.[RTF] [PDF]
G.S. 55A-7-08 55A-7-08. Action by written ballot.[RTF] [PDF]
G.S. 55A-7-09 through 55A-7-19 55A-7-09 through 55A-7-19. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-7-20 55A-7-20. Members' list for meeting.[RTF] [PDF]
G.S. 55A-7-21 55A-7-21. Voting entitlement generally.[RTF] [PDF]
G.S. 55A-7-22 55A-7-22. Quorum requirements.[RTF] [PDF]
G.S. 55A-7-23 55A-7-23. Voting requirements.[RTF] [PDF]
G.S. 55A-7-24 55A-7-24. Proxies.[RTF] [PDF]
G.S. 55A-7-25 55A-7-25. Voting for directors; cumulative voting.[RTF] [PDF]
G.S. 55A-7-26 55A-7-26. Other methods of electing directors.[RTF] [PDF]
G.S. 55A-7-27 55A-7-27. Corporation's acceptance of votes.[RTF] [PDF]
G.S. 55A-7-28 55A-7-28. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-7-29 55A-7-29. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-7-30 55A-7-30. Voting agreements.[RTF] [PDF]
G.S. 55A-7-31 through 55A-7-39 55A-7-31 through 55A-7-39. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-7-40 55A-7-40. Derivative proceedings.[RTF] [PDF]
Article 8 - Directors and Officers. [RTF] [PDF]
G.S. 55A-8-01 55A-8-01. Requirement for and duties of board.[RTF] [PDF]
G.S. 55A-8-02 55A-8-02. Qualifications of directors.[RTF] [PDF]
G.S. 55A-8-03 55A-8-03. Number of directors.[RTF] [PDF]
G.S. 55A-8-04 55A-8-04. Election, designation, and appointment of directors.[RTF] [PDF]
G.S. 55A-8-05 55A-8-05. Terms of directors generally.[RTF] [PDF]
G.S. 55A-8-06 55A-8-06. Staggered terms for directors.[RTF] [PDF]
G.S. 55A-8-07 55A-8-07. Resignation of directors.[RTF] [PDF]
G.S. 55A-8-08 55A-8-08. Removal of directors elected by members or directors.[RTF] [PDF]
G.S. 55A-8-09 55A-8-09. Removal of designated or appointed directors.[RTF] [PDF]
G.S. 55A-8-10 55A-8-10. Removal of directors by judicial proceeding.[RTF] [PDF]
G.S. 55A-8-11 55A-8-11. Vacancy on board.[RTF] [PDF]
G.S. 55A-8-12 55A-8-12. Compensation of directors.[RTF] [PDF]
G.S. 55A-8-13 through 55A-8-19 55A-8-13 through 55A-8-19. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-8-20 55A-8-20. Regular and special meetings.[RTF] [PDF]
G.S. 55A-8-21 55A-8-21. Action without meeting.[RTF] [PDF]
G.S. 55A-8-22 55A-8-22. Notice of meetings.[RTF] [PDF]
G.S. 55A-8-23 55A-8-23. Waiver of notice.[RTF] [PDF]
G.S. 55A-8-24 55A-8-24. Quorum and voting.[RTF] [PDF]
G.S. 55A-8-25 55A-8-25. Committees of the board.[RTF] [PDF]
G.S. 55A-8-26 through 55A-8-29 55A-8-26 through 55A-8-29. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-8-30 55A-8-30. General standards for directors.[RTF] [PDF]
G.S. 55A-8-31 55A-8-31. Director conflict of interest.[RTF] [PDF]
G.S. 55A-8-32 55A-8-32. Loans to or guaranties for directors and officers.[RTF] [PDF]
G.S. 55A-8-33 55A-8-33. Liability for unlawful loans or distributions.[RTF] [PDF]
G.S. 55A-8-34 through 55A-8-39 55A-8-34 through 55A-8-39. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-8-40 55A-8-40. Officers.[RTF] [PDF]
G.S. 55A-8-41 55A-8-41. Duties of officers.[RTF] [PDF]
G.S. 55A-8-42 55A-8-42. Standards of conduct for officers.[RTF] [PDF]
G.S. 55A-8-43 55A-8-43. Resignation and removal of officers.[RTF] [PDF]
G.S. 55A-8-44 55A-8-44. Contract rights of officers.[RTF] [PDF]
G.S. 55A-8-45 through 55A-8-49 55A-8-45 through 55A-8-49. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-8-50 55A-8-50. Policy statement and definitions.[RTF] [PDF]
G.S. 55A-8-51 55A-8-51. Authority to indemnify.[RTF] [PDF]
G.S. 55A-8-52 55A-8-52. Mandatory indemnification.[RTF] [PDF]
G.S. 55A-8-53 55A-8-53. Advance for expenses.[RTF] [PDF]
G.S. 55A-8-54 55A-8-54. Court-ordered indemnification.[RTF] [PDF]
G.S. 55A-8-55 55A-8-55. Determination and authorization of indemnification.[RTF] [PDF]
G.S. 55A-8-56 55A-8-56. Indemnification of officers, employees, and agents.[RTF] [PDF]
G.S. 55A-8-57 55A-8-57. Additional indemnification and insurance.[RTF] [PDF]
G.S. 55A-8-58 55A-8-58. Application of Part.[RTF] [PDF]
G.S. 55A-8-59 55A-8-59. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-8-60 55A-8-60. Immunity.[RTF] [PDF]
Article 10 - Amendment of Articles of Incorporation and Bylaws. [RTF] [PDF]
G.S. 55A-10-01 55A-10-01. Authority to amend.[RTF] [PDF]
G.S. 55A-10-02 55A-10-02. Amendment by board of directors.[RTF] [PDF]
G.S. 55A-10-03 55A-10-03. Amendment by directors and members.[RTF] [PDF]
G.S. 55A-10-04 55A-10-04. Class voting by members on amendments.[RTF] [PDF]
G.S. 55A-10-05 55A-10-05. Articles of amendment.[RTF] [PDF]
G.S. 55A-10-06 55A-10-06. Restated articles of incorporation.[RTF] [PDF]
G.S. 55A-10-07 55A-10-07. Effect of amendment.[RTF] [PDF]
G.S. 55A-10-08 through 55A-10-19 55A-10-08 through 55A-10-19. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-10-20 55A-10-20. Amendment by directors.[RTF] [PDF]
G.S. 55A-10-21 55A-10-21. Amendment by directors and members.[RTF] [PDF]
G.S. 55A-10-22 55A-10-22. Class voting by members on amendments.[RTF] [PDF]
G.S. 55A-10-23 through 55A-10-29 55A-10-23 through 55A-10-29. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-10-30 55A-10-30. Approval by third persons.[RTF] [PDF]
Article 11 - Merger. [RTF] [PDF]
G.S. 55A-11-01 55A-11-01. Approval of plan of merger.[RTF] [PDF]
G.S. 55A-11-02 55A-11-02. Limitations on mergers by charitable or religious corporations.[RTF] [PDF]
G.S. 55A-11-03 55A-11-03. Action on plan.[RTF] [PDF]
G.S. 55A-11-04 55A-11-04. Articles of merger.[RTF] [PDF]
G.S. 55A-11-05 55A-11-05. Effect of merger.[RTF] [PDF]
G.S. 55A-11-06 55A-11-06. Merger with foreign corporation.[RTF] [PDF]
G.S. 55A-11-07 55A-11-07. Devises and gifts.[RTF] [PDF]
G.S. 55A-11-08 55A-11-08. Merger with business corporation.[RTF] [PDF]
G.S. 55A-11-09 55A-11-09. Merger with unincorporated entity.[RTF] [PDF]
G.S. 55A-11-10 55A-11-10. Merger with certain charitable or religious corporation or hospital authority.[RTF] [PDF]
Article 12 - Transfer of Assets. [RTF] [PDF]
G.S. 55A-12-01 55A-12-01. Sale of assets in regular course of activities and mortgage of assets.[RTF] [PDF]
G.S. 55A-12-02 55A-12-02. Sale of assets other than in regular course of activities.[RTF] [PDF]
Article 13 - Distributions. [RTF] [PDF]
G.S. 55A-13-01 55A-13-01. Prohibited distributions.[RTF] [PDF]
G.S. 55A-13-02 55A-13-02. Authorized distributions.[RTF] [PDF]
Article 14 - Dissolution. [RTF] [PDF]
G.S. 55A-14-01 55A-14-01. Dissolution by incorporators or directors prior to commencement of activities.[RTF] [PDF]
G.S. 55A-14-02 55A-14-02. Dissolution by directors, members, and third persons.[RTF] [PDF]
G.S. 55A-14-03 55A-14-03. Plan of dissolution.[RTF] [PDF]
G.S. 55A-14-04 55A-14-04. Articles of dissolution.[RTF] [PDF]
G.S. 55A-14-05 55A-14-05. Revocation of dissolution.[RTF] [PDF]
G.S. 55A-14-06 55A-14-06. Effect of dissolution.[RTF] [PDF]
G.S. 55A-14-07 55A-14-07. Known claims against dissolved corporation.[RTF] [PDF]
G.S. 55A-14-08 55A-14-08. Unknown and certain other claims against dissolved corporation.[RTF] [PDF]
G.S. 55A-14-09 55A-14-09. Enforcement of claims.[RTF] [PDF]
G.S. 55A-14-10 through 55A-14-19 55A-14-10 through 55A-14-19. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-14-20 55A-14-20. Grounds for administrative dissolution.[RTF] [PDF]
G.S. 55A-14-21 55A-14-21. Procedure for and effect of administrative dissolution.[RTF] [PDF]
G.S. 55A-14-22 55A-14-22. Reinstatement following administrative dissolution.[RTF] [PDF]
G.S. 55A-14-23 55A-14-23. Appeal from denial of reinstatement.[RTF] [PDF]
G.S. 55A-14-24 55A-14-24. Inapplicability of Administrative Procedure Act.[RTF] [PDF]
G.S. 55A-14-25 through 55A-14-29 55A-14-25 through 55A-14-29. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-14-30 55A-14-30. Grounds for judicial dissolution.[RTF] [PDF]
G.S. 55A-14-31 55A-14-31. Procedure for judicial dissolution.[RTF] [PDF]
G.S. 55A-14-32 55A-14-32. Receivership.[RTF] [PDF]
G.S. 55A-14-33 55A-14-33. Decree of dissolution.[RTF] [PDF]
G.S. 55A-14-34 through 55A-14-39 55A-14-34 through 55A-14-39. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-14-40 55A-14-40. Disposition of amounts due to unavailable members and creditors.[RTF] [PDF]
Article 14A - Reorganization. [RTF] [PDF]
G.S. 55A-14A-01 55A-14A-01. Fundamental changes in reorganization proceedings.[RTF] [PDF]
Article 15 - Foreign Corporations. [RTF] [PDF]
G.S. 55A-15-01 55A-15-01. Authority to conduct affairs required.[RTF] [PDF]
G.S. 55A-15-02 55A-15-02. Consequences of conducting affairs without authority.[RTF] [PDF]
G.S. 55A-15-03 55A-15-03. Application for certificate of authority.[RTF] [PDF]
G.S. 55A-15-04 55A-15-04. Amended certificate of authority.[RTF] [PDF]
G.S. 55A-15-05 55A-15-05. Effect of certificate of authority.[RTF] [PDF]
G.S. 55A-15-06 55A-15-06: Repealed by Session Laws 2001-358, s. 22, effective January 1, 2002.[RTF] [PDF]
G.S. 55A-15-07 55A-15-07. Registered office and registered agent of foreign corporation.[RTF] [PDF]
G.S. 55A-15-08 55A-15-08 through 55A-15-10: Repealed by Session Laws 2001-358, s. 48(c), effective January 1, 2002.[RTF] [PDF]
G.S. 55A-15-09 55A-15-08 through 55A-15-10: Repealed by Session Laws 2001-358, s. 48(c), effective January 1, 2002.[RTF] [PDF]
G.S. 55A-15-10 55A-15-08 through 55A-15-10: Repealed by Session Laws 2001-358, s. 48(c), effective January 1, 2002.[RTF] [PDF]
G.S. 55A-15-11 through 55A-15-19 55A-15-11 through 55A-15-19. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-15-20 55A-15-20. Withdrawal of foreign corporation.[RTF] [PDF]
G.S. 55A-15-21 55A-15-21. Withdrawal of foreign corporation by reason of a merger, consolidation, or conversion.[RTF] [PDF]
G.S. 55A-15-22 through 55A-15-29 55A-15-22 through 55A-15-29. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-15-30 55A-15-30. Grounds for revocation.[RTF] [PDF]
G.S. 55A-15-31 55A-15-31. Procedure and effect of revocation.[RTF] [PDF]
G.S. 55A-15-32 55A-15-32. Appeal from revocation.[RTF] [PDF]
G.S. 55A-15-33 55A-15-33. Inapplicability of Administrative Procedure Act.[RTF] [PDF]
Article 16 - Records and Reports. [RTF] [PDF]
G.S. 55A-16-01 55A-16-01. Corporate records.[RTF] [PDF]
G.S. 55A-16-02 55A-16-02. Inspection of records by members.[RTF] [PDF]
G.S. 55A-16-03 55A-16-03. Scope of inspection rights.[RTF] [PDF]
G.S. 55A-16-04 55A-16-04. Court-ordered inspection.[RTF] [PDF]
G.S. 55A-16-05 55A-16-05. Limitations on use of membership list.[RTF] [PDF]
G.S. 55A-16-06 through 55A-16-19 55A-16-06 through 55A-16-19. Reserved for future codification purposes.[RTF] [PDF]
G.S. 55A-16-20 55A-16-20. Financial statements for members.[RTF] [PDF]
G.S. 55A-16-21 55A-16-21. Notice of indemnification to members.[RTF] [PDF]
G.S. 55A-16-22 55A-16-22: Repealed by Session Laws 1995, c. 539, s. 8.[RTF] [PDF]
G.S. 55A-16-23 55A-16-23. Principal office address.[RTF] [PDF]
G.S. 55A-16-24 55A-16-24. Financial statements for the public.[RTF] [PDF]
Article 17 - Transition and Curative Provisions. [RTF] [PDF]
G.S. 55A-17-01 55A-17-01. Applicability of Chapter.[RTF] [PDF]
G.S. 55A-17-02 55A-17-02. Certain religious, etc., associations deemed incorporated.[RTF] [PDF]
G.S. 55A-17-03 55A-17-03. Saving provisions.[RTF] [PDF]
G.S. 55A-17-04 55A-17-04. Severability.[RTF] [PDF]
G.S. 55A-17-05 55A-17-05. Validation of amendments to corporate charters extending corporate existence; limitation of actions; intent.[RTF] [PDF]