North Carolina General Statutes § 55-1-42 Number of shareholders
Legal Research Home >
North Carolina Lawyer
(a) For purposes of this Chapter, the following identified as a shareholder in a corporation's current record of shareholders constitutes one shareholder:
(1) All co‑owners of the same shares;
(2) A corporation, partnership, trust, estate, or other entity;
(3) The trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account.
(b) For purposes of this Chapter, shareholdings registered in substantially similar names constitute one shareholder if it is reasonable to believe that the names represent the same person. (1989, c. 265, s. 1.)
Sections: 55-1-29 55-1-30 55-1-31 55-1-32 55-1-33 55-1-40 55-1-41 55-1-42 55-1-50 55-2-01 55-2-02 55-2-03 55-2-05 55-2-06 55-2-07
Last modified: February 21, 2012
|
