Bill Summary for H 741 (2023-2024)

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Summary date: 

Jun 1 2023

Bill Information:

View NCGA Bill Details2023-2024 Session
House Bill 741 (Public) Filed Tuesday, April 18, 2023
AN ACT TO MAKE VARIOUS CHANGES TO THE NORTH CAROLINA NONPROFIT CORPORATIONS ACT AND TO MODIFY CERTAIN REQUIREMENTS GOVERNING CHARITABLE SOLICITATION.
Intro. by Warren, Lofton, Howard, Reives.

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Bill summary

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

Allows the Secretary of State to waive, until January 1, 2027 (was, January 1, 2026), the fee under GS 55A-1-22(a)(17) that is to be paid by a corporation seeking reinstatement following administrative dissolution for delinquent filing. 

Changes the effective date of Section 2 of the act, which enacts new GS 55A-16-22.1 (concerning corporations' annual reports to the Secretary of State); makes conforming changes to GS 55A-1-22, GS 55A-14-20, GS 55A-14-22; and provides for the above mentioned fee waiver, from January 1, 2025, to January 1, 2026.

Deletes the proposed changes to the following statutes which would have no longer required that applications for the relevant licenses be signed under oath: (1) GS 131F-6, concerning licenses for a charitable organization or sponsor; (2) GS 131F-15, concerning licenses for a fund-raising consultant; and (3) GS 131F-16, concerning licenses for solicitors.