Statutes > North Carolina Statutes > Chapter 55A - North Carolina Nonprofit Corporation Act. > § 55A-14-40. Disposition of amounts due to unavailable members and creditors.

§ 55A-14-40. Disposition of amounts due to unavailable members and creditors.

Part 4. Miscellaneous.

§ 55A‑14‑40. Disposition of amounts due to unavailable members and creditors.

Upon liquidation of acorporation, the portion of the assets distributable to a creditor or memberwho is unknown or cannot be found shall be disposed of in accordance withChapter 116B of the General Statutes. (1955, c. 1230; 1981, c. 682,s. 13; 1993, c. 398, s. 1.)