North Carolina General Statutes § 105-106 Effect of change in name of firm

No change in the name of a firm, partnership, or corporation, nor the taking in of a new partner, nor the withdrawal of one or more of the firm, shall be considered as commencing business; but if any one or more of the partners remain in the firm, or if there is change in ownership of less than a majority of the stock, if a corporation, the business shall be regarded as continuing. (1939, c. 158, s. 184.)

Sections:  Previous  105-41  105-83  105-88  105-102.3  105-102.6  105-103  105-105  105-106  105-108  105-109  105-113.2  105-113.3  105-113.4  105-113.4A  105-113.4B  Next

Last modified: March 23, 2014