North Carolina Statutes
§ 156-49 — Dissolution of corporation
North Carolina § 156-49
JurisdictionNorth Carolina
Ch. 156Drainage
Art. 4Rights and Liabilities in the Corporation
Subch. IIDRAINAGE BY CORPORATION
This text of North Carolina § 156-49 (Dissolution of corporation) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.C. Gen. Stat. § 156-49 (2026).
Text
If, from any cause, the canal or other improvement shall become or shall prove to be valueless, any corporator may apply as is provided in other cases of special proceedings, and the court may dissolve the corporation created in connection with it. (1868-9, c. 164, s. 13; Code, s. 1322; Rev., s. 4007; C.S., s. 5307.)
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Nearby Sections
15
§ 156-1
Supplemental proceeding§ 156-10
Right to drain into canal§ 156-100
Sale of bonds§ 156-100.1
Sale of assessment anticipation notes§ 156-100.3
Sinking fund§ 156-101
Refunding bonds issued§ 156-102
Drainage bonds received as deposits§ 156-103
Assessment rolls prepared§ 156-104
Application of amendatory provisions of certain sections; amendment or reformation of proceedings§ 156-108
Receipt books preparedCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 156-49, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/156/156-49.