NC General Statutes
N.C. Gen. Stat. § 55-6-26 (2026)
Shares without certificate
✓ current as of July 2026
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(a) Unless the articles of incorporation or bylaws provide otherwise, the board of directors of a corporation may authorize the issue of some or all of the shares of any or all of its classes or series without certificates. The authorization does not affect shares already represented by certificates until they are surrendered to the corporation.
(b) Within a reasonable time after the issue or transfer of shares without certificates, the corporation shall send the shareholder a written statement of the information required on certificates by G.S. 55-6-25(b) and (c), and if applicable, G.S. 55-6-27. (1989, c. 265, s. 1.)
Notes of Decisions
Cited in 1
case (1 in the last 5 years), 2021–2021 · leading case: Faw v. Wilkes Sombrero, Inc., 2021 NCBC 80 (N.C. Bus. Ct. 2021).
Faw v. Wilkes Sombrero, Inc., 2021 NCBC 80 (N.C. Bus. Ct. 2021). “” Official Comment to N.C.G.S. § 55-6-26. 26. Here, it is undisputed that Plaintiff never received a stock certificate reflecting his ownership interest.”
— N.C. Gen. Stat. § 55-6-26(a) — 1 case
Faw v. Wilkes Sombrero, Inc., 2021 NCBC 80 (N.C. Bus. Ct. 2021). “” Official Comment to N.C.G.S. § 55-6-26. 26. Here, it is undisputed that Plaintiff never received a stock certificate reflecting his ownership interest.”
— N.C. Gen. Stat. § 55-6-26(b) — 1 case
Faw v. Wilkes Sombrero, Inc., 2021 NCBC 80 (N.C. Bus. Ct. 2021). “” Official Comment to N.C.G.S. § 55-6-26. 26. Here, it is undisputed that Plaintiff never received a stock certificate reflecting his ownership interest.”
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