NORTH CAROLINA GENERAL ASSEMBLY

1977 SESSION

 

 

CHAPTER 295

HOUSE BILL 517

 

 

AN ACT TO AMEND G.S. 25-9-403(3) CONCERNING FINANCING STATEMENTS.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 25-9-403(3) is hereby amended by adding the following sentence at the end thereof:

"Any continuation statement which is not filed in accordance with the requirements set forth herein and during the stated time periods set forth above shall be invalid."

Sec. 2.  This act shall become effective July 1, 1977.

In the General Assembly read three times and ratified, this the 2nd day of May, 1977.