Statutes and Rules

NC PACES Act

The Final, Adopted NC PACES Act Rules

The NC PACES Act rules were adopted on March 31, 2017 and were filed with the NC Codifier of Rules on the same day. The rules are effective on April 1, 2017.

The NC Codifier of the Rules has to review the rules before including them in the NC Administrative Code (NCAC), and may make minor, non-substantive changes to the rules before including them in the NCAC. We will post the official version of the rules after we receive notification from the Codifier of Rules that they have been added to the NCAC.

Until that time, here are the adopted rules, effective on April 1, 2017, along with a Table of Contents for each Section of the adopted rules:

18 NCAC 06A Section .2000, INVEST NC EXEMPTION (CROWDFUNDING)

18 NCAC 06A Section .2100, RULES FOR LOCAL PUBLIC OFFERINGS (LPO)


Forms

Notice of Intrastate Claim of Exemption (NCE)

Notice of Intrastate Claim of Exemption and Addendum (NCE-LPO)

North Carolina Intrastate Funding Portal (NCFP)


Forms Instructions

Notice of Intrastate Claim of Exemption (NCE) Form Instructions

Notice of Intrastate Claim of Exemption and Addendum (NCE-LPO) Form Instructions

North Carolina Intrastate Funding Portal (NCFP) Form Instructions


FAQs

In the Frequently Asked Questions (FAQs), the Securities Division is providing guidance on the securities registration exemption permitted under the North Carolina PACES Act.

These FAQs are not rules or regulations. These FAQs are also not legal or investment advice.

You should carefully read the statute and the associated rules before trying to claim the NC Paces Act exemption for your securities offering or investing in a security that claims to be exempt under the NC Paces Act. You should consult with an attorney who specializes in securities matters if you have questions about interpreting the statutes or rules or if you need legal advice regarding a securities offering.

The Securities Division may update these questions and answers periodically.

General FAQs

Issuer FAQs

Investor FAQs

Funding Portal FAQs

Escrow FAQs


Online Submission

How to file a Crowdfunding Document Online

Crowdfunding PDF Upload