Bill Summary for H 741 (2023-2024)
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Summary date:
Jun 14 2023
Bill Information:
| View NCGA Bill Details | 2023-2024 Session |
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 2nd edition makes the following changes.
Section 1.
Deletes amendment to GS 55A-12-02(g) (pertaining to corporate sale of assets other than in regular course of activities) that would have exempted sales to charitable and religious organizations from the notice provisions of the law.
Section 2.
Extends the date from January 1, 2027, to January 1, 2028, until which the Secretary of State is authorized to waive the reinstatement fee for a corporation seeking reinstatement following administrative dissolution for delinquent filing.