11 N.C. Admin. Code 13.0411

Current through Register Vol. 39, No. 13, January 2, 2025

Section 13 .0411 - NOTICE TO COMMISSIONER

Each corporate motor club licensee shall advise the Commissioner in writing within ten days of:

(1) the name and resident address of each new stockholder owning ten percent or more of any class of outstanding capital stock of the motor club;

(2) each director or officer who terminates or alters his status with the motor club;

(3) the name and address of each person who becomes an officer or director of the motor club; and

(4) each new employee hired to act as a salesman, representative or agent.

11 N.C. Admin. Code 13 .0411

Authority G.S. 58-2-40; 58-69-20(5);
Eff. February 1, 1976;
Readopted Eff. January 1, 1978;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. June 25, 2016.

Authority G.S. 58-2-40; 58-69-20(5);
Eff. February 1, 1976;
Readopted Eff. January 1, 1978.