MCA Disclosure Laws
**North Carolina (NC)** {#north-carolina-(nc)}
**Where We Are Currently** SâŻ539 (2023) proposed âSmall Business Truth in Financingâ but **did not advance**. [PolicyEngage](https://trackbill.com/bill/illinois-house-bill-3477-sm-bus-financing-transparency/2653142/?utm_source=chatgpt.com)
**How We Got Here** Filed Apr 4 2023; referred to Rules; no further action.
**What Funders Need to Know** No law now; maintain readiness if re-filed in 2025â26.
**Official Documents (links)**
- Bill page: [North Carolina General Assembly â Bill S539 (2023-2024) ncleg.gov+2LegiScan](https://www.ncleg.gov/BillLookUp/2023/S539?utm_source=chatgpt.com)
- Bill text (PDF): [Session 2023 Bill Text â S539 v1 ncleg.gov](https://www.ncleg.gov/Sessions/2023/Bills/Senate/PDF/S539v1.pdf?utm_source=chatgpt.com)
- Summary â Legislative Reporting Service: [Bill Summary S539 lrs.sog.unc.edu+](https://lrs.sog.unc.edu/bill-summaries-lookup/S/539/2023-2024%20Session/S539?utm_source=chatgpt.com)