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NORTH CAROLINA STATUTES AND CODES

§ 55A-14-31. Procedure for judicial dissolution.

§55A‑14‑31.  Procedure for judicial dissolution.

(a)        Venue for aproceeding to dissolve a corporation lies in the county where a corporation'sprincipal office, or, if there is none in this State, its registered office, isor was last located.

(b)        It is not necessaryto make directors or members parties to a proceeding to dissolve a corporationunless relief is sought against them individually.

(c)        A court in aproceeding brought to dissolve a corporation may issue injunctions, appoint areceiver with all powers and duties the court directs, take other actionrequired to preserve the corporate assets wherever located, and carry on theactivities of the corporation. (1955, c. 1230; 1985 (Reg.Sess., 1986), c. 801, s. 42; 1993, c. 398, s. 1.)

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