18 NCAC 07J .0203          notice to department of business information changes

After authorization by the Department, a technology provider shall provide written notice to the Department:

(1)           within five business days of changes to:

(a)           the information required by 18 NCAC 07B .0402(2);

(b)           the information required by 18 NCAC 07B .0402(3);

(c)           conversion to an alternate type of business entity;

(d)           conversion to a foreign entity;

(e)           failure to remain active and current with the Department's Business Registration Division;

(f)            merger with another business entity;

(g)           filing of a bankruptcy petition; or

(h)           a change in the technology provider's controlling ownership; and

(2)           within 45 calendar days of changes to any other information on the provider's application for authorization.

History Note:        Authority G.S. 10B-4; 10B-106; 10B-125(b); 10B-126; 10B-134.15; 10B-134.17; 10B-134.19; 10B-134.21; 10B-134.23;

Eff. July 1, 2025.