Bill Summary for S 594 (2019-2020)

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Summary date: 

Jun 24 2019

Bill Information:

View NCGA Bill Details2019-2020 Session
Senate Bill 594 (Public) Filed Wednesday, April 3, 2019
AN ACT TO CLARIFY THE STANDARDS AND REQUIREMENTS FOR THE REGISTRATION OF CERTAIN LAND RECORDS WITH THE REGISTER OF DEEDS, TO MAKE CHANGES TO THE PROHIBITION ON FILING FALSE LIENS OR ENCUMBRANCES, AND TO PROVIDE SUGGESTED FORMS FOR THE REGISTRATION OF ASSUMED BUSINESS NAMES.
Intro. by Daniel, Marcus.

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Bill summary

House committee substitute to the 1st edition makes the following change.

Amends GS 66-71.5 to prohibit a person from including in an assumed business name the terms "corporation," "incorporated," "corp.," or "inc.," unless the entity is a corporation organized under GS Chapters 55 or 55A (was, GS Chapter 55 only).