Senate approves crowdfunding legislation, NC PACES Act headed to governor’s desk

A bill that loosens the rules for crowdfunding and intrastate investors for North Carolina businesses has received unanimous approval in both the state House and Senate. It is headed to Gov. Pat McCrory’s desk for what is expected to be a quick signature of approval. Known as the NC PACES Act — short for Providing Access to Capital for Entrepreneurs and Small Business Act — the legislation allows non-accredited investors seeking to helping raise money for North Carolina startup companies or…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/06/30/senate-approves-crowdfunding-legislation-nc-paces.html?ana=RSS%26s=article_search