S622 - Business Corporation Act Revisions. (SL 2018-45)

Overview: S.L. 2018-45 amends the Business Corporation Act, as recommended by the Business Corporations Committee of the Business Law Section of the North Carolina Bar Association, to incorporate provisions based on revisions to the Model Corporation Act and to corporation law of other selected jurisdictions.

The act becomes effective on October 1, 2018.

BILL ANALYSIS: