4 N.C. Admin. Code 16G.0516

Current through Register Vol. 39, No. 11, December 2, 2024

Section 16G .0516 - PROHIBITION OF CERTAIN SOLICITATIONS

No person soliciting a proxy from a member for the meeting to vote on the plan of conversion shall solicit:

(1) any undated or post-dated proxy;

(2) any proxy that provides that it shall be deemed to be dated as of any date subsequent to the date that it is signed by the member;

(3) any proxy that is not revocable at will by the member giving it; or

(4) any proxy that is part of any other document or instrument, such as an account card.

04 N.C. Admin. Code 16G .0516

Authority G.S. 54C-33; 54C-53;
Eff. February 15, 1992;
Amended Eff. November 1, 2017;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. November 22, 2018.

Authority G.S. 54C-33; 54C-53;
Eff. February 15, 1992.

Amended by North Carolina Register Volume 32, Issue 11, December 1, 2017 effective 11/1/2017.