Current through Session Law 2024-56
Section 55A-14-31 - Procedure for judicial dissolution(a) Venue for a proceeding to dissolve a corporation lies in the county where a corporation's principal office, or, if there is none in this State, its registered office, is or was last located.(b) It is not necessary to make directors or members parties to a proceeding to dissolve a corporation unless relief is sought against them individually.(c) A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint a receiver with all powers and duties the court directs, take other action required to preserve the corporate assets wherever located, and carry on the activities of the corporation.N.C. Gen. Stat. § 55A-14-31
1955, c. 1230; 1985 Reg. Sess.,1986 , c. 801, s. 42; 1993, c. 398, s. 1.