North Carolina § 55D-1 - Applicable definitions.
Full text of North Carolina North Carolina General Statutes § 55D-1 — Applicable definitions., with citation guidance and answers to common questions.
§ 55D-1. Applicable definitions.
The following definitions apply in this Chapter: "Corporation" or "domestic corporation" is defined in G.S. 55-1-40(4). "Deliver" is defined in G.S. 55-1-40(5). "Entity" is defined in G.S. 55-1-40(9). "Foreign corporation" is defined in G.S. 55-1-40(10). "Foreign limited liability company" has the same meaning as the term "foreign LLC" in G.S. 57D-1-03. "Foreign limited liability limited partnership" is defined in G.S. 59-102(4c). "Foreign limited liability partnership" is defined in G.S. 59-32(4g). "Foreign limited partnership" is defined in G.S. 59-102(5). "Foreign nonprofit corporation" means a foreign corporation as defined in G.S. 55A-1-40(11). "Individual" is defined in G.S. 55-1-40(13). "Limited liability company" or "domestic limited liability company" has the same meaning as the term "LLC" in G.S. 57D-1-03. "Limited liability limited partnership" is defined in G.S. 59-102(6a). "Limited liability partnership" or "registered limited liability partnership" means a registered limited liability partnership as defined in G.S. 59-32(7). "Limited partnership" or "domestic limited partnership" is defined in G.S. 59-102(8). "Nonprofit corporation" or "domestic nonprofit corporation" means a corporation as defined in G.S. 55A-1-40(5). "Person" is defined in G.S. 55-1-40(16). History (2001-358, s. 1; 2001-387, ss. 161, 173, 175(a); 2001-413, s. 6; 2013-157, s. 6.) Editor's Note. - Session Laws 2001-387, s. 154(b), provides that nothing in this act shall supersede the provisions of Article 10 or 65 of Chapter 58 of the General Statutes, and this act does not create an alternate means for an entity governed by Article 65 of Chapter 58 of the General Statutes to convert to a different business form. Effect of Amendments. - Session Laws 2001-358, s. 12, inserted "and Names" in the chapter heading and Session Laws 2001-358, s. 42, as amended by s. 12, substituted "Filings, Names, and Registered Agents" for "Filings and Names." See editor's note for effective date and applicability. Session Laws 2013-157, s. 6, effective January 1, 2014, substituted "has the same meaning as the term 'foreign LLC' in G.S. 57D-1-03 " for "is defined in G.S. 57C-1-03(8)" in subdivision (5); and substituted "has the same meaning as the term 'LLC' in G.S. 57D-1-03 " for "is defined in G.S. 57C-1-03(11)" in subdivision (10). §§ 55D-2 through 55D-4: Reserved for future codification purposes.
Frequently Asked Questions About North Carolina § 55D-1
What does North Carolina General Statutes § 55D-1 cover?
Section 55D-1 ("Applicable definitions.") 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 § 55D-1?
A common citation format is "North Carolina General Statutes § 55D-1" (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 § 55D-1 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.