N.C. Gen. Stat. » Chapter 117
NC General Statutes

N.C. Gen. Stat. § 117-9 (2026)

Issuance of privilege for formation of such corporation

✓ current as of July 2026
Find cases: SyfertCases citing this section NCLEGncleg.gov (official) JustiaChapter 117 CornellLII Search CasesGoogle Scholar

Whenever any such application is made by as many as five members of the community, the North Carolina Rural Electrification Authority shall cause a survey of said territory to be made and if, in its opinion, the proposal is feasible, shall issue to said community a privilege for the formation of a corporation as hereinafter set out. Whenever an application has been filed by any community with the North Carolina Rural Electrification Authority, and its application for formation of an electric membership corporation has been approved, the same may be formed as hereinafter provided. (1935, c. 291, s. 4.)

 

Notes of Decisions
Cited in 1 case, 1961–1961 · leading case: Pee Dee Elec. Membership Corp. v. Carolina Power & Light Co., 117 S.E.2d 764 (N.C. 1961).
Sort: Relevance Newest Treatment
Pee Dee Elec. Membership Corp. v. Carolina Power & Light Co., 117 S.E.2d 764 (N.C. 1961). · cites it 3× “G.S. § 117-9. If such approval is obtained, "(a)ny number of natural persons not less than three may * * * form a corporation not organized for pecuniary profit (but) for the purpose of promoting and encouraging the fullest possible use of electric energy in the rural section of…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.