Current through Session Law 2024-53
Section 55A-8-20 - Regular and special meetings(a) The board of directors may hold regular or special meetings in or out of this State.(b) Unless the articles of incorporation or bylaws provide otherwise, the board of directors may permit any or all directors to participate in a regular or special meeting by, or conduct the meeting through the use of, any means of communication by which all directors participating may simultaneously hear and be heard by each other during the meeting. A director participating in a meeting by this means is deemed to be present in person at the meeting.N.C. Gen. Stat. § 55A-8-20
Amended by 2021 N.C. Sess. Laws 162,s. 2-p, eff. 9/20/2021. 1955, c. 1230; 1973, c. 314, s. 3; 1985 Reg. Sess., 1986 , c. 801, ss. 24, 25; 1993, c. 398, s. 1.Effective Date and Applicability: Section 6 of 2021 N.C. Sess. Laws 162 provides: "This act is effective when it becomes law. Sections 1, 2, and 3 of this act apply to meetings noticed on or after that date. Remote shareholder, policyholder, and member meetings noticed before the effective date of this act as a result of the state of emergency declared by Executive Order No. 116 on March 10, 2020, and complying with any subsequent executive orders authorizing remote shareholder, policy holder, or member meetings shall be deemed in compliance with this act. Section 4 of this act applies to not-for-profit corporations formed prior to July 1, 1989, existing as of the effective date of this act."