N.C.G.S. § 53-372

Required vote of shareholders.

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

With the approval of the Commissioner, a State trust company may go into voluntary liquidation, be closed, and surrender its charter and franchise as a corporation of this State by the affirmative vote of its shareholders owning two-thirds of its stock. (2001-263, s. 1.)