[§421C-36] Exemption of voting stock from registration. Membership stock or membership certificates under section 421C-3(a), or share or membership capital of any association organized under or existing prior to passage of this chapter shall be included as exempt securities under section 485-4. [L 1982, c 97, pt of §2]

Effective date of L 1982, c 97 is May 15, 1982.