HB2615 HFA Nelson, E., Lane 2-15 #1

Rose 3348


Delegates Nelson, E. and Lane move to amend the bill on page 3, section 504, line 14, after the word “elapsed”, by striking out the period, and inserting a colon and the words “Provided, That upon the escrowed funds attaining a balance of at least ten percent of the offering amount sought, the attorney holding the money in escrow shall, upon written request of the issuer, withdraw a portion of the money in escrow and deliver such portion of money to the issuer”, followed by a period;


            On page 3, section 504, beginning on line 21, by striking out subsection (g) in its entirety.