CHAPTER 30

FORMERLY

HOUSE BILL NO. 62

AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO THE UNIFORM COMMERCIAL CODE.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE :

Section 1. Amend Subsection 8-501(c), Article 8, Subtitle I, Title 6 of the Delaware Code by striking the words “without acting in collusion with the securities intermediary in violation of its duties under § 8-504” appearing at the end of said subsection.

Section 2. This Act shall be effective retroactively to January 1, 1998.

Approved May 12,1999