What are the rules surrounding shareholder disputes?

Shareholder disputes are disagreements between the shareholders of a company about matters related to the company, such as how it should be run. In North Carolina, the laws that govern shareholder disputes are found in the North Carolina Business Corporation Act. Under the Act, any disputes between shareholders must be adjudicated in a court of law. The court will examine the facts of the case and then adjudicate a fair outcome for all shareholders. The members of a corporation can also agree to form a dispute resolution committee. This committee would be tasked with determining a resolution to the dispute, and any ruling by the committee would be binding upon the members of the corporation. Additionally, any shareholders of the corporation can bring an action in the courts to enforce their rights or obtain an injunction against a wrongful action by another shareholder. Finally, shareholders may choose to enter into an agreement that outlines what will happen in the case of a dispute. This agreement should include what the process of resolution will be, as well as any remedies that will be available in the event that the dispute is not resolved. This agreement can be used to avoid having to resort to court action. In conclusion, any dispute between shareholders must be handled according to the laws of North Carolina. The shareholders of a corporation may choose to resolve their disputes through a dispute resolution committee, take legal action, or enter into a resolution agreement.

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What are the rules surrounding shareholder disputes?

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