Last updated: 8/14/2025
Business Opportunity Responsible Sellers Exemption Request {BO-01}
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Description
Form BO-01 - BUSINESS OPPORTUNITY RESPONSIBLE SELLER’S EXEMPTION REQUEST. This form is used by a seller in North Carolina to request a Responsible Seller’s Exemption from filing as a Business Opportunity under state law. It allows the seller to formally notify the North Carolina Department of the Secretary of State that they meet the criteria for exemption outlined in G.S. 66-94.1. The form requires the seller to provide their name, business type (individual, partnership, corporation, or LLC), and principal business address. The seller must describe the products, equipment, supplies, or services being sold or leased and explain how they meet the statutory requirements for the exemption. The completed form must be signed by the seller or an authorized representative, notarized, and filed with the Secretary of State, ensuring that the business is in compliance while claiming the exemption from standard business opportunity filing requirements. www.FormsWorkflow.com
