18 NCAC 04 .0302             EXECUTION

When execution is required by any person acting in the capacity of officer, director, incorporator, member, manager, or registered agent, execution by a holder of a power of attorney shall be rejected.

History Note:        Authority G.S. 55-1-20; 55-1-30; 55A-1-20; 55A-1-30; 55D-5; 55D-10; 57D-1-20; 57D-1-30;

Eff. February 1, 1976;

ARRC Objection Lodged June 21, 1990;

Temporary Amendment Eff. July 1, 1990 For a Period of 180 Days to Expire on December 27, 1990;

ARRC Objection Removed August 20, 1990;

Amended Eff. March 1, 1996; February 1, 1991;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. December 20, 2015.