Amend Business Corporations Act.
HB 388 amends North Carolina's Business Corporations Act to allow corporations to include in their articles of incorporation provisions that limit or eliminate personal liability for directors and officers (except in cases of knowing violations, improper benefits, or prior acts). It also clarifies rules for emergency bylaws and powers, enabling boards to adopt special procedures during disasters (like natural catastrophes) to manage corporations, including meeting rules and director designations. These changes directly affect North Carolina corporations, their directors, and officers by altering liability protections and emergency governance structures. The bill updates statutory language to provide clearer, more flexible governance options without changing core corporate obligations.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2025
Committee Review
Jun 2025
House Passage
Apr 2025
Senate Passage
Jun 2025
Signed into Law
Jul 2025
Introduced Mar 12, 2025
Signed Jul 1, 2025
Maddy AI version diff · 8 comparisons
What changed between versions
Ratified
→
SL 2025-33
·
1 edit
MINOR
The bill was formally ratified and enacted as Session Law 2025-33, transitioning from a draft status to official law. A minor technical update changed the version number from H388-v-5 to H388-v-6, indicating the final approved version of the document.
TECHNICAL
The document title was updated from 'Ratified Bill' to 'Session Law 2025-33', reflecting its official enactment status. The version identifier was updated from v-5 to v-6 to track the final legislative version.
Floor votes · Senate Jun 23, 2025 · House Jun 25, 2025
How they voted
48–0
Passed · 3 other
Total votes 51
Jun 23, 2025
D
Democratic20
95% Yea
R
Republican31
93% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
38
Key actions
12
Committee
9
Amendments
4
Jun 30, 2025
Signed into law
Signed by Gov. 6/30/2025
executive
Jun 25, 2025
House · Passed
House Vote: pass (114-0-7)
house
Jun 25, 2025
Lower · Passed
Concurred In S Com Sub
lower
Jun 23, 2025
Upper · Passed
Passed 3rd Reading
upper
Jun 23, 2025
Upper · Passed
Amend Adopted A3
upper
Jun 19, 2025
Introduced
Amend Tabled A2
upper
Jun 19, 2025
Upper · Passed
Amend Adopted A1
upper
Jun 18, 2025
Upper · Passed
Reptd Fav
upper
Jun 17, 2025
Committee
Re-ref Com On Rules and Operations of the Senate
upper
Jun 17, 2025
Upper · Passed
Com Substitute Adopted
upper
Jun 17, 2025
Upper · Passed
Reptd Fav Com Substitute
upper
Jun 5, 2025
Committee
Re-ref to Judiciary. If fav, re-ref to Rules and Operations of the Senate
upper
Apr 3, 2025
Committee
Ref To Com On Rules and Operations of the Senate
upper
Apr 2, 2025
Lower · Passed
Passed 3rd Reading
lower
Mar 31, 2025
Lower · Passed
Reptd Fav
lower
Mar 25, 2025
Committee
Re-ref Com On Rules, Calendar, and Operations of the House
lower
Mar 25, 2025
Lower · Passed
Reptd Fav Com Substitute
lower
Mar 13, 2025
Committee
Ref to the Com on Judiciary 2, if favorable, Rules, Calendar, and Operations of the House
lower
Mar 12, 2025
Introduced
Filed
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 388
Scope: NC
Hi! I can help you understand HB 388. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline