GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION LAW 2001-183
AN ACT to require reScission offers to be filed with the secretary of state.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 78A-56(g)(3) reads as rewritten:
"(3) Offers shall be in the
form and contain the information the Administrator by rule prescribes. Every
offer under subsection (g) of this section shall be delivered to the
offeree or sent by certified mail addressed to him the offeree at
histhe offeree's last known address. The person making the
offer shall file a copy of the rescission offer with the Administrator at least
10 days before delivering the offer to the offeree. If an offer is not
performed in accordance with its terms, suit by the offeree under this section
shall be permitted without regard to this subsection."
SECTION 2. This act becomes effective October 1, 2001, and applies to rescission offers made on or after that date.
In the General Assembly read three times and ratified this the 31st day of May, 2001.
s/ Beverly E. Perdue
President of the Senate
s/ James B. Black
Speaker of the House of Representatives
s/ Michael F. Easley
Governor
Approved 12:11 p.m. this 7th day of June, 2001