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Current as of January 01, 2023 | Updated by Findlaw Staff
(a) A corporation having members with the right to vote for directors shall hold a meeting of the members annually.
(b) A corporation with members may hold regular membership meetings at the times stated in or fixed in accordance with the bylaws.
(c) Annual and regular membership meetings may be held (i) in person in or out of this State at the place stated in or fixed in accordance with the bylaws or (ii) by means of remote communication, as provided in G.S. 55A-7-09. If no place is stated in or fixed in accordance with the bylaws, in-person annual and regular meetings shall be held at the corporation's principal office.
(d) At annual and regular meetings, the members shall consider and act upon such matters as may be raised consistent with the notice requirements of G.S. 55A-7-05 and G.S. 55A-7-22(d).
(e) The failure to hold an annual or regular meeting at a time stated in or fixed in accordance with the corporation's bylaws does not affect the validity of any corporate action.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 55A. North Carolina Nonprofit Corporation Act § 55A-7-01. Annual and regular meetings - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-55a-north-carolina-nonprofit-corporation-act/nc-gen-st-sect-55a-7-01/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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