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Code · North Carolina · Chapter 55A — North Carolina Nonprofit Corporation Act

§ 55A-3-05. Exercise of corporate franchises not granted.

57 words·~1 min read·/nc/chapter-55a/55a-3-05

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§ 55A-3-05. Exercise of corporate franchises not granted.
The Attorney General may upon the Attorney General's own information or upon complaint of a private party bring an action in the name of the State to restrain any person from exercising corporate franchises not granted. (1985 (Reg. Sess., 1986), c. 801, s. 5; 1993, c. 398, s. 1.)
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