North Carolina § 54-140 - Association heretofore organized may adopt the provisions of this Subchapter.
Full text of North Carolina North Carolina General Statutes § 54-140 — Association heretofore organized may adopt the provisions of this Subchapter., with citation guidance and answers to common questions.
§ 54-140. Association heretofore organized may adopt the provisions of this Subchapter.
Any corporation or association organized under previously existing statutes may, by a majority vote of its stockholders or members, be brought under the provisions of this Subchapter by limiting its membership and adopting the other restrictions as provided herein. It shall make out in duplicate a statement signed and sworn to by its directors, upon forms supplied by the Secretary of State, to the effect that the corporation or association has by a majority vote of its stockholders or members decided to accept the benefits and be bound by the provisions of this Subchapter. Articles of incorporation shall be filed as required in G.S. 54-134, except that they shall be signed by the members of the board of directors. The filing fee shall be the same as for filing an amendment to articles of incorporation. History (1921, c. 87, s. 24; C.S., s. 5259(l).) Cross References. - As to fee for filing amendment to articles of incorporation, see G.S. 54-144.
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 54-140
What does North Carolina General Statutes § 54-140 cover?
Section 54-140 ("Association heretofore organized may adopt the provisions of this Subchapter.") 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 § 54-140?
A common citation format is "North Carolina General Statutes § 54-140" (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 § 54-140 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.