NORTH CAROLINA INTRODUCES A COMMERCIAL DISCLOSURE BILL

NORTH CAROLINA INTRODUCES A COMMERCIAL DISCLOSURE BILL

On May 11, 2021, the “Small Business Truth in Financing Act” was introduced in the North Carolina House of Representatives. The proposed legislation requires similar commercial financing disclosure requirements as found in the enacted California and New York commercial financing disclosure laws. See our prior ALERTS dated April 8, 2021; Feb. 17, 2021; Dec. 29, 2020; and Sept. 15, 2020. Read More