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Laws of North Carolina (Last Updated: May 12, 2015) |
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Chapter55. North Carolina Business Corporation Act. |
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Article3. Purposes and Powers |
§55-3-05. Exercise of corporate franchises not granted
Latest version.
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The Attorney General may upon his 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.
(Code, ss. 607, 686; 1901, c. 2, s. 107; Rev., s. 1197; C.S., s. 1143; G.S., s. 55-47(2); 1955, c. 1371, s. 1; 1989, c. 265, s. 1.)