PUBLISHED

N.C.G.S. § 156-49

Dissolution of corporation.

Effective date: 2026-08-09
Last verified: 2026-08-09
Source: official source
Revision history: view all versions

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.)