A BILL TO BE ENTITLED
AN ACT to AMEND THE North Carolina CEMETERY ACT BY eliminating THE Ability TO POST a performance bond IN LIEU OF DEPOSITS TO TRUST ACCOUNTs.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 65‑66(g) reads as rewritten:
"(g)	Money received from the sale or assignment of notes entered into by the purchasers, or otherwise, shall be treated as payments made by the purchasers."
SECTION 2.  G.S. 65‑70(f) is repealed.
SECTION 3.  This act is effective when it becomes law.