Bill Summary for S 124 (2015-2016)

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Summary date: 

Apr 29 2015

Bill Information:

View NCGA Bill Details2015-2016 Session
Senate Bill 124 (Public) Filed Wednesday, February 25, 2015
AN ACT TO MODERNIZE THE LAW GOVERNING THE USE OF ASSUMED BUSINESS NAMES AND TO MAKE RELATED CONFORMING AND TECHNICAL AMENDMENTS, AS RECOMMENDED BY THE GENERAL STATUTES COMMISSION, TO CLARIFY HOW THE INDUSTRIAL COMMISSION REFERS MATTERS OF INDIRECT CRIMINAL CONTEMPT TO THE DISTRICT COURT, TO REMOVE CERTAIN PROPERTY FROM THE STATE NATURE AND HISTORIC PRESERVE, AND TO AUTHORIZE THE DELETION OF VARIOUS PROPERTIES FROM THE STATE PARKS SYSTEM.
Intro. by Hartsell.

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Bill summary

Senate amendment makes the following changes to the 2nd edition.

Deletes GS 66-71.4(c) which provided that a limited liability partnership, limited partnership, limited liability company, or corporation engaging in business under its real name with the legal entity designation omitted, was not required to file an assumed business name certificate.