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Code · North Carolina · Chapter 54 — Cooperative Organizations

§ 54-154. Annual reports.

107 words·~1 min read·/nc/chapter-54/54-154

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§ 54-154. Annual reports.
Each association formed under this Subchapter shall prepare and make out an annual report on forms furnished by the Division of Markets, containing the name of the association, its principal place of business, and a general statement of its business operations during the fiscal year, showing the amount of capital stock paid up, and the number of stockholders of a stock association or the number of members and the amount of membership fees received, if a nonstock association; the total expenses of the operations; the amount of its indebtedness, or liability, and its balance sheets. (1921, c. 87, s. 19; C.S., s. 5259(aa).)
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