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 6                       SECTION 17
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 8     TO AMEND SECTION 35-1-220, AS AMENDED, OF THE 1976 CODE, RELATING TO FUNDS FROM FEES AND
 9     LITIGATION SETTLEMENT ALLOWED TO BE RETAINED BY THE ATTORNEY GENERAL FOR OPERATION OF THE
10     SECURITIES DIVISION, SO AS TO ALLOW FIVE HUNDRED THOUSAND DOLLARS OF ANNUAL FEE REVENUES TO
11     BE RETAINED BY THE ATTORNEY GENERAL FOR THE OPERATIONS OF THE SECURITIES DIVISION.
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13     A.  Section 35-1-220(A) of the 1976 Code, as amended by Act 134 of 1997, is further amended to read:
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15           "(A)   Fee revenues collected pursuant to this chapter in excess of such revenues credited to the general fund of the State in Fiscal Year
16     1995-96 may be retained by the Attorney General and used for the operations of the Securities Division.  The Attorney General may retain
17     the first five hundred thousand dollars from fee revenues collected pursuant to this chapter to be used for the operations of the Securities
18     Division.
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20     B.  This section takes effect July 1, 1998.
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