Current through Register Vol. 39, No. 6, September 16, 2024
The Office for Historically Underutilized Businesses shall
request the following documentation based on the business structure of the
applicant, to determine that the applicant's ownership, management and control
of daily business operations are consistent with the eligibility requirements
as provided in G.S. 143.48.4 and 143-128.4:
(1) All Applicants:
(a) Work experience resumes for all owners
that include places of ownership/employment with corresponding dates;
(b) Proof of citizenship or Permanent
Residence (Birth Certificate, Passport, Voter's Registration Card, Green Card,
Military ID, or Driver's License);
(c) Proof of Ethnicity (Passport, Green Card,
Birth Certificate);
(d) Copies of
Professional Licenses, if required;
(e) Schedule of Salaries paid to all
officers, managers, owners, or directors of the firm;
(f) Copies of signed leases for office and
storage space;
(g) List of
equipment (leased or owned) along with signed lease agreements, titles/proof of
ownership of equipment needed to operate the business;
(h) Documented proof of contributions used to
acquire ownership for each owner;
(i) Statement prepared and signed by banking
institution listing names of all persons who have signature authority for the
business account;
(j) Two letters
of reference (with contact information, nature and duration of relationship;
and
(k) Home state certification
for out of state businesses, if applicable;
(2) Corporation or LLC or Franchise:
(a) All documentation requested in Item (1)
of this Rule;
(b) Official Articles
of Incorporation (signed by State official if incorporated;
(c) Both sides of all Corporate Certificates
and Stock if incorporated;
(d)
Assumed Name Certificate if applicable;
(e) Transfer ledger;
(f) Shareholders Agreement;
(g) Minutes of first and most recent
stockholder and Board of Directors meetings;
(h) Corporate bylaws and any amendments if
incorporated;
(i) Articles of
Organization (LLC);
(j) Operating
Agreement (LLC); and
(k) Franchise
Agreement (Franchise); and
(3) Partnership or Joint Venture:
(a) All documentation requested in Item (1)
of this Rule;
(b) Partnership
Agreement if a partnership;
(c)
Joint Venture Agreement if a joint venture.
The HUB Office shall take all necessary steps to safeguard
information requested in compliance with State and federal law, including
G.S.
14-113.2;
14-113.8(6);
132-1.2; and
132-1.10.
Authority
G.S.
143-48.4;
143-128.4;
Eff. June
1, 2008;
Amended Eff. June 1, 2009;
Pursuant to
G.S.
150B-21.3A, rule is necessary without
substantive public interest Eff. March 6,
2018.
