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2021 North Carolina General Statutes
Chapter 78A - North Carolina Securities Act
Article 2 - Fraudulent and Other Prohibited Practices.
§ 78A-11 - Unlawful telephone rooms.
Universal Citation: NC Gen Stat § 78A-11 (2021)
78A-11. Unlawful telephone rooms.
It is unlawful for any person to willfully manage, supervise, control, or own, directly or indirectly, either alone or in association with others, any telephone room in this State. For purposes of this section, "telephone room" means an enterprise in which two or more persons engage in telephone communications with members of the public using two or more telephones at one location, or more than one location in a common scheme or enterprise, in violation of G.S. 78A-8 or G.S. 78A-12. It is an affirmative defense to a prosecution under this section that the person acted in good faith and did not directly or indirectly induce an act or acts constituting a violation of G.S. 78A-8 or G.S. 78A-12.
(1991, c. 456, s. 1.)
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