NORTH CAROLINA GENERAL ASSEMBLY
1961 SESSION

CHAPTER 11
SENATE BILL 9

AN ACT RELATING TO THE NORTH CAROLINA SMALL LOANS ACT.

The General Assembly of North Carolina do enact:

Section 1.  No person, firm or corporation, who is not on the effective date of this Act lawfully engaged in the business regulated by Article 15 of Chapter 53 of the General Statutes shall be authorized to engage in such business within 90 days from the effective date of this Act.
Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.
Sec. 3.  This Act shall become effective upon its ratification.
In the General Assembly read three times and ratified, this the 3rd day of March, 1961.