18 NCAC 06A .1407          EXPIRATION AND RENEWAL OF SALESMAN'S REGISTRATION

A salesman's registration shall expire on December 31 of each year unless renewed.  A dealer shall file the following at least 15 days before the expiration date to renew its salesmen's registration:

(1)           Dealers that are NASD member firms shall renew all salesmen by complying with the procedures for renewal of salesmen as required by the NASAA/NASD Central Registration Depository along with the payment of fifty-five dollars ($55.00) for each salesman made payable to the National Association of Securities Dealers.

(2)           Dealers that are non‑NASD member firms shall renew all salesmen by filing with the Securities Division a listing of all salesmen to be renewed along with their current addresses and social security numbers.  The salesman renewal list shall be submitted in alphabetical order as follows: last name, first name, middle name or maiden name; current address; social security number.  A fee of fifty-five dollars ($55.00) for each salesman made payable to the North Carolina Secretary of State shall be submitted along with the salesman renewal list.

 

History Note:        Authority G.S. 78A‑36(c); 78A‑37(a); 78A‑37(b); 78A‑40(a); 78A‑49(a);

Eff. April 1, 1981;

Amended Eff. September 1, 1995; October 1, 1988; January 1, 1984; November 1, 1982;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. December 6, 2016.