Corporate Charter Renewal Act of 2014 (Tabled)

[Southern Senator North Carolina Yankee]

Why should the charters of co-ops be exempt? If an organization is against the public interest why exclude those that are so simply if they are a co-op.

Also, this poses a stability issue for many corporations and may discourage economic activity as a result of such.

[Southern Senator North Carolina Yankee]

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Internet alone should suffice.

[Southern Senator North Carolina Yankee]

If only the chamber was this discerning about the less obviously, but still just as, problematic legislation that has come before it over the years.

If you want accountability then there is a way to pursue that, but revoking charters could be disruptive to long established businesses who employ a lot of people. I am generally not a fan of tabling legislation, preferring instead the final vote, but either way I am glad this legislation is being defeated.