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North Carolina

North Carolina Business Corporations Act (1989)

  • Read more about North Carolina Business Corporations Act (1989)

Description: This law governs the formation, operation, and dissolution of business corporations in North Carolina, including rules regarding shareholder rights and corporate governance.

Scope: It provides regulations on corporate formation, shareholder meetings, fiduciary duties of directors, and mergers. It is important for investors in corporations, as it lays down the legal framework within which corporate governance and investor protection are maintained.

North Carolina Investment Adviser Act

  • Read more about North Carolina Investment Adviser Act

Description: This act regulates investment advisers operating in North Carolina, ensuring they meet certain qualifications and ethical standards to protect investors.

Scope: The law requires investment advisers to be registered and mandates disclosure of any conflicts of interest. It also enforces fiduciary standards, meaning advisers must act in the best interests of their clients.

North Carolina Crowdfunding Exemption (2015)

  • Read more about North Carolina Crowdfunding Exemption (2015)

Description: This exemption allows businesses to raise capital through crowdfunding in North Carolina, providing an alternative method for startups to attract funding from local investors.

Scope: Companies are allowed to raise funds up to $2 million from state residents through crowdfunding platforms. There are limits on the amount individual investors can contribute, as well as disclosure requirements to ensure investor protection.

North Carolina Blue Sky Laws

  • Read more about North Carolina Blue Sky Laws

Description: North Carolina's Blue Sky laws are designed to protect investors from fraud and to ensure transparency in the sale of securities within the state.

Scope: The law requires securities to be registered with the state before being offered for sale unless exempted. It also regulates the licensing and conduct of brokers and dealers, aiming to prevent deceptive practices and fraud.

North Carolina Securities Act (1937)

  • Read more about North Carolina Securities Act (1937)

Description: The North Carolina Securities Act governs the registration, offer, and sale of securities in the state to protect investors and ensure fairness in the market.

Scope: It requires that securities be registered unless exempt, regulates the activities of brokers, dealers, and investment advisers, and provides anti-fraud provisions. It also specifies penalties for violations of securities laws to ensure investor protection.

North Carolina Department of the Secretary of State - Securities Division

  • Read more about North Carolina Department of the Secretary of State - Securities Division

Overview:

Enforces securities laws and protects investors in North Carolina

Address:

2 S. Salisbury Street, Raleigh, NC 27601

Specific Regulations:

North Carolina Securities Act

Resources:

Investor protection tips, fraud prevention materials

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