{"data":{"id":"us-nc/n.c.-gen.-stat.-53-208.54","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 53-208.54","heading":"Notice of Material Event.","body":"(a)\tWithin 15 days of a change or acquisition of control of a licensee, the licensee shall provide notice of the event to the Commissioner through NMLS in writing and in a form prescribed by the Commissioner. The notice shall be accompanied by any information, data, and records required by the Commissioner.\n(b)\tWithin 15 days of the occurrence of any one of the events listed below, a licensee shall file a written report with the Commissioner through NMLS describing the event and its expected impact on the licensee's activities in the State:\n(1)\tThe filing for bankruptcy or reorganization by the licensee.\n(2)\tThe institution of revocation or suspension proceedings against the licensee by any State or governmental authority with regard to the licensee's money transmission activities.\n(3)\tAny felony indictment of the licensee or any controlling person or key management personnel related to money transmission activities.\n(4)\tAny felony conviction of the licensee or any controlling person or key management personnel related to money transmission activities.\n(c)\tIf the information contained in any document filed with the Commissioner or the NMLS is or becomes inaccurate or incomplete in any material respect, the licensee or applicant shall within 30 days file a correcting amendment to the information contained in the document. (2016-81, s. 1; 2017-102, s. 46.)","path":["Chapter 53. Regulation of Financial Services.","Article 16B. Money Transmitters Act."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_53/GS_53-208.54.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:12Z","sha256":"53f956f9f740048305323e1a17d7b0413187a7f85d17768665a7f83c7916f7d4","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-53-208.53","next":"us-nc/n.c.-gen.-stat.-53-208.55"},"notice":"GroundRules: Original legal text. Not legal advice."}