GENERAL ASSEMBLY OF NORTH CAROLINA

1987 SESSION

 

 

CHAPTER 741

SENATE BILL 719

 

AN ACT TO ALLOW THE WAIVER OF CERTAIN SURETY BONDS REQUIRED FOR CHARITABLE SOLICITATION.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 131C-10 is amended by adding a new sentence to the end to read:

"A bond shall not be required of any applicant who does not personally receive any of the contributions collected and who does not personally handle any of the contributions expended."

Sec. 2.  This act shall become effective October 1, 1987.

In the General Assembly read three times and ratified this the 7th day of August, 1987.