N.C. Gen. Stat. » Chapter 105
NC General Statutes

N.C. Gen. Stat. § 105-106 (2026)

Effect of change in name of firm

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No change in the name of a firm, partnership, or corporation, nor the taking in of a new partner, nor the withdrawal of one or more of the firm, shall be considered as commencing business; but if any one or more of the partners remain in the firm, or if there is change in ownership of less than a majority of the stock, if a corporation, the business shall be regarded as continuing. (1939, c. 158, s. 184.)

 

§ 105-107: Repealed by Session Laws 1998-95, s.  12, effective July 1, 1999.

 

Notes of Decisions
Cited in 1 case, 1982–1982 · leading case: Bolick v. Am. Barmag Corp., 293 S.E.2d 415 (N.C. 1982).
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Bolick v. Am. Barmag Corp., 293 S.E.2d 415 (N.C. 1982). “§ 105-106 (b)(2) (Cum. Supp. 1981); Ill. Ann.”
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