North Carolina General Statutes § 54-124 Nature of business authorized

An association created under this Subchapter shall have power to conduct any agricultural, housing, horticultural, forestry, dairy, mercantile, mining, manufacturing, telephone, electric light, power, storage, refrigeration, flume, irrigation, water, sewerage, or mechanical business, or purchase, maintain and use fire-fighting equipment, or conduct any other lawful business, on the mutual plan. (1915, c. 144, s. 8; C.S., s. 5255; 1925, c. 179, ss. 1, 3; 1949, c. 1042, s. 2; 1955, c. 746, s. 2; 1985, c. 542, s. 5.)

Sections:  Previous  54-118.1  54-118.2  54-119  54-120  54-121  54-122  54-123  54-124  54-125  54-126  54-127  54-128  54-129  54-130  54-131  Next

Last modified: March 23, 2014