§ 55-7-40 - Shareholders' derivative actions.

NC Gen Stat § 55-7-40 (2019) (N/A)
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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.