NC General Statutes

N.C. Gen. Stat. § 124-6 (2026)

Appointment of proxies, director of railroad companies, etc

✓ current as of July 2026

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(a) The Governor shall appoint on behalf of the State all such officers or agents as, by any act, incorporating a company for the purpose of internal improvement, are allowed to represent the stock or other interests which the State may have in such company; and such person or persons shall cast the vote to which the State may be entitled in all the meetings of the stockholders of such company under the direction of said Governor; and the said Governor may, if in his opinion the public interest so requires, remove or suspend such persons, officers, agents, proxies, or directors in his discretion.

(b) Recodified as G.S. 124-15(a) by Session Laws 2013-360, s. 34.14(b), effective July 1, 2013. (1925, c. 157, s. 6; 1997-443, s. 32.30(k); 1999-431, s. 3.3(a); 2013-360, s. 34.14(b).)

Notes of Decisions

Cited in 1 case, 2020–2020 · leading case: S. Envtl. Law Ctr. v. N.C. R.R. Co., 2020 NCBC 61 (N.C. Bus. Ct. 2020).

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S. Envtl. Law Ctr. v. N.C. R.R. Co., 2020 NCBC 61 (N.C. Bus. Ct. 2020). · cites it 6× “Laws 443 (codified at N.C.G.S. § 124-6).) In that legislation, the General Assembly expressly declared that such coverage “shall not be construed as defining the North Carolina Railroad Company as a public body or as defining its officers, directors, or employees as public…”

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