North Carolina § 55A-7-01 - Annual and regular meetings.
Full text of North Carolina North Carolina General Statutes § 55A-7-01 — Annual and regular meetings., with citation guidance and answers to common questions.
§ 55A-7-01. Annual and regular meetings.
A corporation having members with the right to vote for directors shall hold a meeting of such members annually. A corporation with members may hold regular membership meetings at the times stated in or fixed in accordance with the bylaws. Annual and regular membership meetings may be held in or out of this State at the place stated in or fixed in accordance with the bylaws. If no place is stated in or fixed in accordance with the bylaws, annual and regular meetings shall be held at the corporation's principal office. At annual and regular meetings, the members shall consider and act upon such matters as may be raised consistent with the notice requirements of G.S. 55A-7-05 and G.S. 55A-7-22(d). The failure to hold an annual or regular meeting at a time stated in or fixed in accordance with the corporation's bylaws does not affect the validity of any corporate action. History (1955, c. 1230; 1993, c. 398, s. 1.) NORTH CAROLINA COMMENTARY Subsection (a) requires a corporation having members that have a right to vote for directors to have a meeting of members annually. Former G.S. 55A-30 required annual meetings if there were members, whether or not members had a right to vote for directors.
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 55A-7-01
What does North Carolina General Statutes § 55A-7-01 cover?
Section 55A-7-01 ("Annual and regular meetings.") 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 § 55A-7-01?
A common citation format is "North Carolina General Statutes § 55A-7-01" (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 § 55A-7-01 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.