Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter55A. North Carolina Nonprofit Corporation Act. |
Article14. Dissolution |
Part4. Miscellaneous |
§55A-14-40. Disposition of amounts due to unavailable members and creditors
Latest version.
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Upon liquidation of a corporation, the portion of the assets distributable to a creditor or member who is unknown or cannot be found shall be disposed of in accordance with Chapter 116B of the General Statutes.
(1955, c. 1230; 1981, c. 682, s. 13; 1993, c. 398, s. 1.)