GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2001
S	1
SENATE BILL 259

 
 
Short Title:	Abolish Church Bond Dealer Restriction-AB.	()	
Sponsors:	Senator Hartsell.	
Referred to:	Judiciary I.	
February 27, 2001

A BILL TO BE ENTITLED
AN ACT to amend the securities dealer registration statutes to abolish the church bond dealer restriction.

The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 78A‑36(a) reads as rewritten:
"(a)	It is unlawful for any person to transact business in this State as a dealer or salesman unless he is registered under this Chapter. No dealer shall be eligible for registration under this Chapter, or for renewal of registration hereunder, unless such dealer is at the time registered as a dealer with the Securities and Exchange Commission under the Securities Exchange Act of  1934."SECTION 2.  This act is effective when it becomes law.