18 NCAC 06A .1318         AUTOMATIC WITHDRAWAL OF APPLICATION FOR REGISTRATION

Where an application for registration of a security has remained pending for at least one year following the date of its filing, and the delay in completion of its examination by the administrator is due to a deficiency in filing attributable to the applicant, the administrator shall withdraw such application automatically and shall retain all fees submitted with it.

History Note:        Authority G.S. 78A‑29(a); 78A‑49(a);

Eff. October 1, 1988;

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