Shareholders' derivative actions.

Checkout our iOS App for a better way to browser and research.

55-7-40. Shareholders' derivative actions.

Subject to the provisions of G.S. 55-7-41 and G.S. 55-7-42, a shareholder may bring a derivative proceeding in the superior court of this State. The superior court has exclusive original jurisdiction over shareholder derivative actions.



Download our app to see the most-to-date content.