Bill Summary for S 706 (2011-2012)

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Summary date: 

Apr 19 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
Senate Bill 706 (Public) Filed Tuesday, April 19, 2011
TO ALLOW NONPROFIT CORPORATIONS OPERATING AS A PROFESSIONAL AND TRADE ASSOCIATION OR A BUSINESS LEAGUE TO PROVIDE LEGAL SERVICES TO ITS MEMBERS USING ATTORNEYS DULY LICENSED TO PRACTICE LAW IN THIS STATE.
Intro. by Tucker.

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Bill summary

Identical to H 714, filed 4/6/11.

Amends GS 84-5 by adding a new subsection (c), providing that a tax-exempt nonprofit corporation operating as a professional and trade association or business league is not prohibited by GS 84-5 from providing legal services to its members by attorneys duly licensed in NC, where the corporation is not allowing unlicensed individuals to control the manner or course of the legal services. Requires the corporation to continually satisfy the requirements of its nonprofit status. Provides that the corporation may charge for and collect charges for the legal services of its officers, employees, and agents rendered to its members, and may compensate those who render the services.