17-1702. Charter.
17-1702
17-1702. Charter.
No religious, literary, scientific, industrial, benevolent or other
society, association, company, corporation or institution, that does not
have a capital stock will be required, in its charter, to make any
statement of the amount of capital stock or amount of each share; but such
charter, if it contains the other statements therein required, and also an
estimate of the value of the goods, chattels, lands, rights and credits
owned by the corporation, will be sufficient.
History: G.S. 1868, ch. 23, § 123; Oct. 31; R.S. 1923, 17-1702.