The Umstead Review Panel was established by North Carolina General Statute 66-58, requiring the UNC Board of Governors to institute a panel that would determine whether the University may undertake an activity in competition with an existing or proposed nongovernmental entity based upon the activities inclusion in one of three categories outlined by N.C.G.S. (8) (b), sudvisions m., n., and o., which state the following:
(m.) Activities that serve students or employees of the University or members of the immediate families or guests of students or employees.
(n.) Activities that provide University-related services or market University-related merchandise to alumni of the University and members of their immediate families.
(o.) Activities that enable the community in which the constituent institution or other University entity is located, or the people of the State to utilize the University's facilities, equipment, or expertise.
The panel is empowered to make a determination as to whether any ongoing activity in which the University is engaged constitutes unfair or unauthorized competition.
The University maintains an email list for the Umstead Act Panel. Interested parties may subscribe to the list to receive information about the panel's proceedings, meeting minutes, and determinations.