GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION LAW 2001-140
AN ACT to adjust the value thresholds of limited and intermediate licenses for inflation under the laws regulating general contractors.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 87-10(a) reads as rewritten:
"(a) Anyone seeking to be
licensed as a general contractor in this State shall file an application for an
examination on a form provided by the Board, at least 30 days before any
regular or special meeting of the Board accompanied by an examination fee of
fifty dollars ($50.00) and by the sum of one hundred dollars ($100.00) if the
application is for an unlimited license, the sum of seventy-five dollars ($75.00)
if the application is for an intermediate license or the sum of fifty dollars
($50.00) if the application is for a limited license; the fees and sum
accompanying any application shall be nonrefundable. The holder of an unlimited
license shall be entitled to act as general contractor without restriction as
to value of any single project; the holder of an intermediate license shall be
entitled to act as general contractor for any single project with a value of up
to fiveseven hundred thousand dollars ($500,000);($700,000);
the holder of a limited license shall be entitled to act as general contractor
for any single project with a value of up to twothree hundred
fifty thousand dollars ($250,000);($350,000); and the license
certificate shall be classified in accordance with this section. Before being
entitled to an examination an applicant must show to the satisfaction of the
Board from the application and proofs furnished that the applicant is possessed
of a good character and is otherwise qualified as to competency, ability,
integrity, and financial responsibility, and that the applicant has not
committed or done any act, which, if committed or done by any licensed
contractor would be grounds under the provisions hereinafter set forth for the
suspension or revocation of contractor's license, or that the applicant has not
committed or done any act involving dishonesty, fraud, or deceit, or that the
applicant has never been refused a license as a general contractor nor had such
license revoked, either in this State or in another state, for reasons that
should preclude the granting of the license applied for, and that the applicant
has never been convicted of a felony involving moral turpitude, relating to
building or contracting, or involving embezzlement or misappropriation of funds
or property entrusted to the applicant: Provided, no applicant shall be refused
the right to an examination, except in accordance with the provisions of
Chapter 150B of the General Statutes."
SECTION 2. This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 24th day of May, 2001.
s/ Beverly E. Perdue
President of the Senate
s/ James B. Black
Speaker of the House of Representatives
s/ Michael F. Easley
Governor
Approved 11:24 a.m. this 31st day of May, 2001