4 N.C. Admin. Code 3J.0205

Current through Register Vol. 38, No. 24, June 17, 2024

Section 03J .0205 - NONTRANSFERABILITY OF CERTIFICATE OF REGISTRATION

(a) A Certificate of Registration shall be neither transferable nor assignable.

(b) The Certificate of Registration shall become void if the registrant changes organizational structure, such as to or from a sole proprietorship, partnership, limited partnership, general partnership, limited liability company, or corporation. The new entity may apply for a Certificate of Registration pursuant to Rule .0201 of this Section. If the entity that results from the change in the registrant's organization would like to engage in business as a facilitator in this State, it shall apply for a Certificate of Registration pursuant to Rule .0201 of this Section.

04 N.C. Admin. Code 03J .0205

Authority G.S. 53-253;
Eff. September 1, 1993;
Readopted Eff. August 1, 2018.

Authority G.S. 53-253; 150B-21.2;
Eff. September 1, 1993.

Amended by North Carolina Register Volume 33, Issue 05, September 1, 2018 effective 8/1/2018.