NORTH CAROLINA GENERAL ASSEMBLY

1981 SESSION

CHAPTER 452

HOUSE BILL 150

AN ACT TO ESTABLISH A MAXIMUM REGISTRATION FEE OF TWO HUNDRED FIFTY DOLLARS FOR CERTAIN UNIT INVESTMENT TRUSTS.

The General Assembly of North Carolina enacts:

Section 1. The third sentence of G.S. 78A-28(b) is amended by inserting between the word "trust" and the comma following that word the following: "(except a unit investment trust at least eighty percent (80%) of whose corpus consists of obligations of this State or its political subdivisions)".

Sec. 2. This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 26th day of May, 1981.