§ 75E-8. Designation of Secretary of State for service. - North Carolina Statutes

§75E‑8.  Designation of Secretary of State for service.

Every nonresident person whois or is about to become the beneficial owner, directly or indirectly, of morethan twenty percent (20%) of the voting shares of a corporation within themeaning of Article 9 of Chapter 55 or to make a control share acquisition,except a foreign corporation which has appointed and keeps a resident agent inthis State, shall be deemed to have appointed the Secretary of State as itsagent upon whom may be served any lawful process, authorized by this Chapterwith the same effect as though served upon the person personally.

Service of process pursuant tothis section shall be accomplished by leaving a copy of the process in theoffice of the Secretary of State, but it shall not be effective unless noticeof the service and a copy of the process is sent by certified or registeredmail to the nonresident person served, at such person's last known address.  (1991,c. 440.)