169-5. Regulatory assistance; technical assistance; nonprofit organizations.
A designated nonprofit organization which has been duly authorized by the Office of the Secretary of State shall be recognized as partners that may help sandbox applicants navigate the regulatory sandbox application process. Certain participating nonprofit organizations may also assist sandbox participants with the design and implementation of products and services during the regulatory sandbox program period. Nonprofit organizations wishing to assist regulatory sandbox applicants and participants shall submit an application to the Innovation Council for approval. Such organizations shall additionally be empowered to explore, provide input, analyze, and make recommendations with respect to innovations and the application of innovative technologies that would additionally provide benefit to the State, its consumers, and its industry. (2021-166, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 169 - North Carolina Regulatory Sandbox
§ 169-1 - Short title; definitions.
§ 169-2 - Legislative findings.
§ 169-3 - Regulatory sandbox program established; innovation waivers; limitations.
§ 169-4 - North Carolina Innovation Council established.
§ 169-5 - Regulatory assistance; technical assistance; nonprofit organizations.
§ 169-6 - Regulatory sandbox applications.
§ 169-7 - Regulatory sandbox requirements; procedures.
§ 169-8 - Consumer protections.
§ 169-9 - Records requirements.
§ 169-10 - Privacy; confidentiality of records.