North Carolina § 7A-249 - Corporate receiverships.
Full text of North Carolina North Carolina General Statutes § 7A-249 — Corporate receiverships., with citation guidance and answers to common questions.
§ 7A-249. Corporate receiverships.
The superior court division is the proper division, without regard to the amount in controversy, for a receivership proceeding of a debtor that is not an individual under Article 38A of Chapter 1 of the General Statutes, and proceedings under Chapters 55 (North Carolina Business Corporation Act) and 55A (Nonprofit Corporation Act), and 57D (North Carolina Limited Liability Company Act) of the General Statutes. History (1965, c. 310, s. 1; 1973, c. 503, s. 6; 1989 (Reg. Sess., 1990), c. 1024, s. 3; 2020-75, s. 3(d).) Editor's Note. - Session Laws 2020-75, s. 4, made the amendment of this section by Session Laws 2020-75, s. 3(d), effective January 1, 2021, and applicable to receiverships commenced on or after that date. Effect of Amendments. - Session Laws 2020-75, s. 3(d), rewrote the section. For effective date and applicability, see editor's note.
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 7A-249
What does North Carolina General Statutes § 7A-249 cover?
Section 7A-249 ("Corporate receiverships.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 7A-249?
A common citation format is "North Carolina General Statutes § 7A-249" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 7A-249 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.