AN ACT TO MAKE VARIOUS CHANGES TO THE NORTH CAROLINA NONPROFIT CORPORATIONS ACT.
House committee substitute to the 1st edition makes the following changes.
Eliminates the proposed changes to subsection (g) of GS 55A-12-02, which excluded dispositions to a charitable or religious corporation authorized under a plan of dissolution from the requirement to give written notice to the Attorney General before it sells, leases, exchanges, or otherwise disposes of its property if the transaction is not in the usual and regular course of its activities. Makes conforming changes to the heading given to Part I. of the act.
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