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27                       SECTION 17
28
29     TO AMEND SECTION 35-1-220, AS AMENDED, OF THE 1976 CODE, RELATING TO FUNDS FROM FEES AND
30     LITIGATION SETTLEMENT ALLOWED TO BE RETAINED BY THE ATTORNEY GENERAL FOR OPERATION OF THE
31     SECURITIES DIVISION, SO AS TO ALLOW FIVE HUNDRED THOUSAND DOLLARS OF ANNUAL FEE REVENUES TO
32     BE RETAINED BY THE ATTORNEY GENERAL FOR THE OPERATIONS OF THE SECURITIES DIVISION.
33
34     A.  Section 35-1-220(A) of the 1976 Code, as amended by Act 134 of 1997, is further amended to read:



        PART II                                    PAGE 549

 1           "(A)   Fee revenues collected pursuant to this chapter in excess of such revenues credited to the general fund of the State in Fiscal Year
 2     1995-96 may be retained by the Attorney General and used for the operations of the Securities Division.  The Attorney General may retain
 3     the first five hundred thousand dollars from fee revenues collected pursuant to this chapter to be used for the operations of the Securities
 4     Division.
 5
 6     B.  This section takes effect July 1, 1998.
 7