North Carolina Statutes

§ 54-109.30 — Liability of shareholders

North Carolina § 54-109.30
JurisdictionNorth Carolina
Ch. 54Cooperative Organizations
Art. 14DMembership
Subch. IIICREDIT UNIONS

This text of North Carolina § 54-109.30 (Liability of shareholders) 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. § 54-109.30 (2026).

Text

A shareholder of any such corporation, unless the bylaws so provide, shall not be individually liable for the payment of its debts for an amount in excess of the par value of the shares which he owns or for which he has subscribed. (1975, c. 538, s. 1.)

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North Carolina § 54-109.30, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/54/54-109.30.