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Corporate – Minority Shareholder – Judicial Dissolution Claim – Other Remedies (access required)

Even though plaintiff owns, at most, two percent of the shares of the defendant-corporation, G.S. § 55-14-30(2)(ii) does not impose a minimum share ownership requirement on a claim for judicial dissolution. Furthermore, a court is not required to dissolve a corporation, even if a shareholder establishes that judicial dissolution is proper pursuant to § 55-14-30(2); ...

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