NORTH CAROLINA GENERAL ASSEMBLY

1971 SESSION

CHAPTER 272

HOUSE BILL 341

AN ACT TO AMEND G.S. 53-86 RELATING TO THE PAYMENT OF COMMISSIONS BY BANKS TO THEIR EMPLOYEES.

The General Assembly of North Carolina do enact:

Section 1.  G.S. 53-86 is hereby amended by deleting from line nine the first word "attorney's" and inserting on line nine immediately after the word "attorney" the words "or licensed real estate broker or salesman, who is a director but not an officer or employee of the bank".

Sec. 2.  This act shall become effective upon ratification.

In the General Assembly read three times and ratified, this the 30th day of April, 1971.