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Code · North Carolina · Chapter 53A — Business Development Corporations and North Carolina Capital Resource Corporations

§ 53A-38. Incorporation authorized.

87 words·~1 min read·/nc/chapter-53a/53a-38

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§ 53A-38. Incorporation authorized.
(a)One or more persons, a majority of whom are residents of this State, may, by filing a certificate of incorporation as provided in subsection (b), incorporate a North Carolina Enterprise Corporation under the provisions of this Article.
(b)Persons who wish to associate themselves for the purpose of establishing a North Carolina Enterprise Corporation shall file a certificate of incorporation with the Secretary of State. The certificate shall be in accordance with G.S. 55-7. (1987 (Reg. Sess., 1988), c. 882, s. 1.)
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