North Carolina Const. art. VIII, § 1

North Carolina Constitution

Article VIII, § 1 — Corporate charters

North Carolina Const. art. VIII, § 1 (Corporate charters) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

JurisdictionNorth Carolina DocumentConstitution

ArticleVIII

Section§ 1

CitationNorth Carolina Const. art. VIII, § 1

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N.C. Const. art. VIII, § 1.

Full Text

No corporation shall be created, nor shall its charter be extended, altered, or amended by special act, except corporations for charitable, educational, penal, or reformatory purposes that are to be and remain under the patronage and control of the State; but the General Assembly shall provide by general laws for the chartering, organization, and powers of all corporations, and for the amending, extending, and forfeiture of all charters, except those above permitted by special act. All such general acts may be altered from time to time or repealed. The General Assembly may at any time by special act repeal the charter of any corporation.

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No corporation shall be created, nor shall its charter be extended, altered, or amended by special act, except corporations for charitable, educational, penal, or reformatory purposes that are to be and remain under the patronage and control of the State; but the General Assembly shall provide by general laws for the chartering, organization, and powers of all corporations, and for the amending, extending, and forfeiture of all charters, except those above permitted by special act. All such general acts may be altered from time to time or repealed. The General Assembly may at any time by special act repeal the charter of any corporation.