Directors and Officers.

  1. Law
  2. North Carolina General Statutes
  3. North Carolina Business Corporation Act
  4. Directors and Officers.

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Section
55-8-01

Requirement for and duties of board of directors.

Section
55-8-02

Qualifications of directors.

Section
55-8-03

Number and election of directors.

Section
55-8-04

Election of directors by certain classes of shareholders.

Section
55-8-05

Terms of directors generally.

Section
55-8-06

Staggered terms for directors.

Section
55-8-07

Resignation of directors.

Section
55-8-08

Removal of directors by shareholders.

Section
55-8-09

Removal of directors by judicial proceeding.

Section
55-8-10

Vacancy on board.

Section
55-8-11

Compensation of directors.

Sections
55-8-12 through 55-8-19 - through 55

8-Reserved for future codification purposes.

Section
55-8-20

Meetings.

Section
55-8-21

Action without meeting.

Section
55-8-22

Notice of meeting.

Section
55-8-23

Waiver of notice.

Section
55-8-24

Quorum and voting.

Section
55-8-25

Committees.

Section
55-8-26

Submission of matters for shareholder vote.

Section
55-8-27

Reserved for future codification purposes.

Section
55-8-28

Reserved for future codification purposes.

Section
55-8-29

Reserved for future codification purposes.

Section
55-8-30

General standards for directors.

Section
55-8-31

Director conflict of interest.

Section
55-8-32

Loans to directors.

Section
55-8-33

Liability for unlawful distributions.

Sections
55-8-34 through 55-8-39 - through 55

8-Reserved for future codification purposes.

Section
55-8-40

Officers.

Section
55-8-41

Duties of officers.

Section
55-8-42

Standards of conduct for officers.

Section
55-8-43

Resignation and removal of officers.

Section
55-8-44

Contract rights of officers.

Sections
55-8-45 through 55-8-49 - through 55

8-Reserved for future codification purposes.

Section
55-8-50

Policy statement and definitions.

Section
55-8-51

Authority to indemnify.

Section
55-8-52

Mandatory indemnification.

Section
55-8-53

Advance for expenses.

Section
55-8-54

Court-ordered indemnification.

Section
55-8-55

Determination and authorization of indemnification.

Section
55-8-56

Indemnification of officers, employees, and agents.

Section
55-8-57

Additional indemnification and insurance.

Section
55-8-58

Application of Part.