Corporations for Protection and Development of Forests.

  1. Law
  2. North Carolina General Statutes
  3. Agriculture
  4. Corporations for Protection and Development of Forests.

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Section
106-980

Private limited dividend corporations may be formed.

Section
106-981

Manner of organizing.

Section
106-982

Directors.

Section
106-983

Duties of supervision by Commissioner.

Section
106-984

Powers of Commissioner.

Section
106-985

Provision for appeal by corporations to Governor.

Section
106-986

Limitations as to dividends.

Section
106-987

Issuance of securities restricted.

Section
106-988

Limitation on bounties to stockholders.

Section
106-989

Earnings above dividend requirements payable to State.

Section
106-990

Dissolution of corporation.

Section
106-991

Cutting and sale of timber.

Section
106-992

Corporation may not sell or convey without consent of Commissioner, or pay higher interest rate than 6%.

Section
106-993

Power to borrow money limited.

Section
106-994

Commissioner to approve development of forests.

Section
106-995

Application of corporate income.

Section
106-996

Reorganization of corporations.

Section
106-997

Reserved for future codification purposes.

Section
106-998

Reserved for future codification purposes.

Section
106-999

Reserved for future codification purposes.

Section
106-1000

Reserved for future codification purposes.