Title: S.L. 1987-741
Category: Session Law

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.

Page 	S.L. 1987-741	Senate Bill 719

Senate Bill 719	S.L. 1987-741	Page