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FinCen announces boi reporting extension for some helene hit businesses
A few newly formed companies affected by Hurricane Helene may get a temporary extension for filing requirements under Corporate Transparency Act. This extension does not benefit any company which was created prior to June 24, 2024.
emergency water supply plan
Amidst the destruction wrought by Hurricane Helene in Western North Carolina, many food and beverage operations are left indefinitely without running potable water and looking for a way to resume operations. Many wonder whether they can use a temporary water supply during a water interruption. The answer is yes, per the NC Department of Health and Human Services (DHHS). They just need an approved “Emergency Water Supply Plan” per NCGS 130A-248, NC Food Code 5-101.11 and 5-104.12.
FEMA Assistance for areas impacted by hurricane helene
FEMA has declared Individual Assistance (IA) for areas impacted by Hurricane Helene. Individuals can apply for disaster assistance from FEMA to help offset your expenses. You can apply online at https://www.disasterassistance.gov/ or via telephone at (800) 621-3362, or using the FEMA weather app. Use the following tips when applying, per the NC Department of Insurance:
Disaster Unemployment Assistance amidst hurricane helene
Benefits for Disaster Unemployment Assistance are now available to the Eastern Band of Cherokee Indians and 25 counties in Western North Carolina. Residents of these counties have until December 2, 2024, 60 days, to apply online at des.nc.gov for Disaster Unemployment Assistance. You might be qualified for these interim benefits if Hurricane Helene's flooding and devastation prevented you from finding work or caused it to stop altogether.
Damage and Destruction Clauses and Force Majeure Clauses in Commercial Leases
Following the devastation caused by Hurricane Helene in western North Carolina, many landlords and tenants will be consulting their written leases to see what will happen to their business premises and property in the next days, weeks, and months. Commercial leases often have damage and destruction clauses that specify what happens to the landlord and tenant in the event that something goes wrong and affects the property.