North Carolina legislation · 2025-2026 Session
North Carolina H388: Amend Business Corporations Act.
Status: Signed into law, July 1, 2025
What the bill says
An act to amend the north carolina business corporations act, as recommended by the north carolina bar association, to authorize the probate of a certified copy of an attested written will that has been stored by an attorney as an electronic record, to modify the emergency video sunsets, to make updates to the elective share statutes, to update statutes relating to trust administration, and to make revisions to the year's allowance statutes.
From the enrolled text:
AN ACT TO AMEND THE NORTH CAROLINA BUSINESS CORPORATIONS ACT, AS RECOMMENDED BY THE NORTH CAROLINA BAR ASSOCIATION, TO AUTHORIZE THE PROBATE OF A CERTIFIED COPY OF AN ATTESTED WRITTEN WILL THAT HAS BEEN STORED BY AN ATTORNEY AS AN ELECTRONIC RECORD, TO MODIFY THE EMERGENCY VIDEO SUNSETS, TO MAKE UPDATES TO THE ELECTIVE SHARE STATUTES, TO UPDATE STATUTES RELATING TO TRUST ADMINISTRATION, AND TO MAKE REVISIONS TO THE YEAR'S ALLOWANCE STATUTES. The General Assembly of North Carolina enacts: PART I. PROVIDE FOR OFFICER EXCULPATION SECTION 1. G.S. 55-2-02 reads as rewritten: "§ 55-2-02. Articles of incorporation. ... (b) The articles of incorporation may set forth any provision that under this Chapter is required or permitted to be set forth in the bylaws, and may also set forth any or all of the following: (1) The names and addresses of the individuals who are to serve as the initial directors. (2) Provisions not inconsistent with law regarding (i) the purpose or purposes for which the corporation is organized; (ii) managing the business and regulating the affairs of the corporation; (iii) defining, limiting, and regulating the powers of the corporation, its board of directors, and shareholders; (iv) a par value for authorized shares or classes of shares; (v) the imposition of personal liability on shareholders for the debts of the corporation …
Sponsors
- Stevens, Sarah (R, 90) · primary sponsor
Latest actions
- : Ch. SL 2025-33
- : Signed by Gov. 6/30/2025
- : Pres. To Gov. 6/27/2025
- : Ratified
- : Ordered Enrolled
- : Concurred In S Com Sub
- : Placed On Cal For 06/25/2025
- : Cal Pursuant 36(b)
- : Special Message Received For Concurrence in S Com Sub
- : Special Message Sent To House
Votes
- Amend Business Corporations Act. M11 Concur (June 25, 2025): 113 yea, 0 nay, passed
- Amend Business Corporations Act. Third Reading (June 23, 2025): 47 yea, 0 nay, passed
- Amend Business Corporations Act. Amendment 3 (June 23, 2025): 47 yea, 0 nay, passed
- Amend Business Corporations Act. Second Reading (June 19, 2025): 41 yea, 0 nay, passed
- Amend Business Corporations Act. Amendment 2 Motion 1 To Table (June 19, 2025): 26 yea, 15 nay, passed
- Amend Business Corporations Act. Amendment 1 (June 19, 2025): 41 yea, 0 nay, passed
Subjects: LIABILITY, RATIFIED, COMMERCE, TELESERVICES, MINORS, FINANCIAL SERVICES, PUBLIC, SECRETARY OF STATE
Common questions
- What is H388?
- H388 is a bill in the North Carolina Legislature (2025-2026 Session): Amend Business Corporations Act.
- What does H388 do?
- In its own words: An act to amend the north carolina business corporations act, as recommended by the north carolina bar association, to authorize the probate of a certified copy of an attested written will that has been stored by an attorney as an electronic record, to modify the emergency video sunsets, to make updates to the elective share statutes, to update statutes relating to trust administration, and to make revisions to the year's allowance statutes.
- What is the status of H388?
- Signed into law as of July 1, 2025. Latest action: Ch. SL 2025-33 (July 1, 2025).
- Who sponsored H388?
- Stevens, Sarah (R, 90).
- Where is the official record for H388?
- On the North Carolina Legislature website: https://www.ncleg.gov/BillLookUp/2025/H388
Source: official North Carolina record. Tracked by Delilah, AI for legislation across all 50 states and Congress.