Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter55. North Carolina Business Corporation Act. |
Article8. Directors and Officers |
Part 1. Board of Directors |
§ 55-8-01. Requirement for and duties of board of directors |
§ 55-8-02. Qualifications of directors |
§ 55-8-03. Number and election of directors |
§ 55-8-04. Election of directors by certain classes of shareholders |
§ 55-8-05. Terms of directors generally |
§ 55-8-06. Staggered terms for directors |
§ 55-8-07. Resignation of directors |
§ 55-8-08. Removal of directors by shareholders |
§ 55-8-09. Removal of directors by judicial proceeding |
§ 55-8-10. Vacancy on board |
§ 55-8-11. Compensation of directors |
§§ 55-8-12 through 55-8-19. Reserved for future codification purposes |
Part 2. Meetings and Action of the Board |
§ 55-8-20. Meetings |
§ 55-8-21. Action without meeting |
§ 55-8-22. Notice of meeting |
§ 55-8-23. Waiver of notice |
§ 55-8-24. Quorum and voting |
§ 55-8-25. Committees |
§ 55-8-26. Submission of matters for shareholder vote |
§ 55-8-27. Reserved for future codification purposes |
§ 55-8-28. Reserved for future codification purposes |
§ 55-8-29. Reserved for future codification purposes |
Part 3. Standards of Conduct |
§ 55-8-30. General standards for directors |
§ 55-8-31. Director conflict of interest |
§ 55-8-32. Loans to directors |
§ 55-8-33. Liability for unlawful distributions |
§§ 55-8-34 through 55-8-39. Reserved for future codification purposes |
Part 4. Officers |
§ 55-8-40. Officers |
§ 55-8-41. Duties of officers |
§ 55-8-42. Standards of conduct for officers |
§ 55-8-43. Resignation and removal of officers |
§ 55-8-44. Contract rights of officers |
§§ 55-8-45 through 55-8-49. Reserved for future codification purposes |
Part 5. Indemnification |
§ 55-8-50. Policy statement and definitions |
§ 55-8-51. Authority to indemnify |
§ 55-8-52. Mandatory indemnification |
§ 55-8-53. Advance for expenses |
§ 55-8-54. Court-ordered indemnification |
§ 55-8-55. Determination and authorization of indemnification |
§ 55-8-56. Indemnification of officers, employees, and agents |
§ 55-8-57. Additional indemnification and insurance |
§ 55-8-58. Application of Part |