I there is no general state statute requiring the distribution of profits or dividends to shareholders (that is a business judgment decision left to the Board or governing body - or it is controlled by the governing documents), but the Statute governing distribution to shareholders in North Carolina is GS 55-6-40 (http://www.ncga.state.nc.us/EnactedLegislation/Statutes/HTML/BySection/Chapter_55/GS_55-6-40.html).
The general statutes governing corporations in North Carolina can be found here: http://www.ncga.state.nc.us/gascripts/statutes/StatutesTOC.pl?Chapter=0055
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