North Carolina Statutes
§ 54-149 — Removal of officer or director
North Carolina·Ch. 54 Cooperative Organizations·Art. 20 Members and Officers·Subch. v marketing associations
Any member may bring charges against an officer or director by filing them in writing with the secretary of the association, together with a petition signed by ten percent (10%) of the members, requesting the removal of the officer or director in question. The removal shall be voted upon at the next regular or special meeting of the association, and by a vote of a majority of the members, the association may remove the officer or director and fill the vacancy. The director or officer against whom such charges have been brought shall be informed in writing of the charges previous to the meeting, and shall have an opportunity at the meeting to be heard in person or by counsel, and to present witnesses; and the person or persons bringing the charges against him shall have the same opportunity
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Nearby Sections
15
§ 54-109.1
Definition and purposes§ 54-109.10
Creation and supervision of Division§ 54-109.105
What information deemed confidential; disclosure; certain information deemed public; exchange of information§ 54-109.106
Foreign Credit Unions§ 54-109.11
Duties of Administrator§ 54-109.12
Corporations organized hereunder subject to Administrator of Credit Unions; rules and regulations§ 54-109.13
Revocation of certificate; liquidation§ 54-109.14
Fees§ 54-109.15
Reports§ 54-109.16
Examinations required; payment of cost§ 54-109.17
Records§ 54-109.19
Removal of officers§ 54-109.2
Organization procedure§ 54-109.20
Reserved for future codification purposes