21 N.C. Admin. Code 12A.0504

Current through Register Vol. 39, No. 11, December 2, 2024

Section 12A .0504 - INCREASE IN LIMITATION

(a) General. A person, firm, or corporation holding a valid license to engage in the practice of general contracting in North Carolina may apply for a different limitation by making application for such different limitation with the Board. The application shall contain the following:

(1) the Social Security Number of individual applicant, qualifier(s), and tax identification number for corporations, LLCs, or partnerships;

(2) the applicant's contact information;

(3) the exact name of the business as reflected on the previously issued license that is subject to the limitation increase application;

(4) information regarding any changes made in the status of the licensee's business since the initial application or last renewal was submitted to the Board, whichever is later;

(5) confirmation of license limitation and classifications;

(6) requested limitation;

(7) an audited financial statement prepared in accordance with Rule .0204 of this Chapter;

(8) if applicable, proof that the surety bond is maintained in compliance with Rule .0204 of this Chapter; and

(9) the application fee as set forth in Rule .0304 of this Chapter.

(b) Eligibility. An applicant shall be eligible for a new limitation if he or she possesses the qualifications necessary in accordance with Rule .0204 of this Chapter, except that he or she shall not be required to take a written exam.

21 N.C. Admin. Code 12A .0504

Authority G.S. 87-1; 87-4; 87-10;
Eff. February 1, 1976;
Amended Eff. June 23, 1977;
Readopted Eff. September 26, 1977;
Amended Eff. May 1, 1989; January 1, 1983;
Temporary Amendment Eff. June 28, 1989, for a period of 155 days to expire on December 1, 1989;
Amended Eff. August 1, 2000; December 1, 1989;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. July 23, 2016;
Amended Eff. April 1, 2018;
Recodified from 21 NCAC 12 .0504 Eff. January 2, 2020.

Filed as a Temporary Amendment Eff. June 28, 1989, for a period of 155 days to expire on December 1, 1989;
Authority G.S. 87-1; 87-10;
Eff. February 1, 1976;
Amended Eff. June 23, 1977;
Readopted Eff. September 26, 1977;
Amended Eff. August 1, 2000; December 1, 1989; May 1, 1989; January 1, 1983.

Amended by North Carolina Register Volume 32, Issue 21, May 1, 2018 effective 4/1/2018.