18 ncac 07J .0416          disclosure of civil legal actions

A technology provider applicant shall disclose on its application all findings in civil legal actions, including arbitration:

(1)           made within 10 years of its application date;

(2)           that are against the applicant or any of its key individuals for:

(a)           activity involving dishonesty, untruthfulness, deceit, fraud, false dealing, cheating, stealing, or insider trading;

(b)           mishandling or misuse of customer data; or

(c)           failure of the platform to perform as warranted.

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.