North Carolina Statutes
§ 117-17 — General grant of powers
Each corporation formed under this Article is hereby vested with all power necessary or requisite for the accomplishment of its corporate purpose and capable of being delegated by the legislature; and no enumeration of particular powers hereby granted shall be construed to impair any general grant of power herein contained, nor to limit any such grant to a power or powers of the same class as those so enumerated. (1935, c. 291, s. 12.)
Free access — add to your briefcase to read the full text and ask questions with AI
North Carolina § 117-17 (General grant of powers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 117-10
Formation authorized§ 117-10.1
Municipal franchises§ 117-10.2
Restriction on municipal service§ 117-14
Powers of board§ 117-15
Certificates of membership§ 117-16.1
Discrimination prohibited§ 117-17
General grant of powers§ 117-18
Specific grant of powers§ 117-18.1
Subsidiary business activities§ 117-19
Taxes and assessments