NCBCA definition
Examples of NCBCA in a sentence
The Merger shall have the effects set forth in Section 55-11-06 of the NCBCA.
At the Effective Time, each share of Bank Stock shall automatically be exchanged for the Exchange Consideration, and each holder of a certificate representing shares of Bank Stock shall cease to have any rights with respect thereto, except the right to receive the Exchange Consideration or, with respect to the holders of Dissenting Shares, rights provided in Article 13 of the NCBCA.
Unless the Member decides otherwise, if the title is one commonly used for officers of a business corporation formed under the NCBCA, the assignment of such title shall constitute the delegation to such person of the authorities and duties that are normally associated with that office.
The Company is not subject to the prohibitions on certain business combinations set forth in Article 9 or Article 9A of the NCBCA.
However, any holder of Dissenting Shares who fails to perfect or withdraws or loses his or her rights to appraisal of such Dissenting Shares under the NCBCA shall forfeit the right to appraisal of such Dissenting Shares, and such Dissenting Shares shall be deemed to have been exchanged, as of the Effective Time, for the Exchange Consideration.