04 NCAC 16G .0106. CONFIDENTIAL INFORMATION

Should the applicant desire to submit any information it deems to be of a confidential nature regarding the answer to any item or a part of any exhibit included in the Application for Conversion, such information pertaining to such item or exhibit shall be separately bound and labeled "confidential," and a statement shall be submitted therewith briefly setting forth the grounds on which such information should be treated as confidential under G.S. 54C‑60.  Only general reference thereto need be made in that portion of the application which the applicant deems not to be confidential.  Applications under this Subchapter shall be made available for inspection by the public, except for portions which are bound and labeled "confidential" and which the administrator determine to be of a confidential nature under G.S. 54C‑60.  The administrator will withhold the public availability of preliminary copies of proxy soliciting materials without the necessity of their being bound and labeled as "confidential".  The applicant will be advised of any decision by the administrator to make public information designated as "confidential" by the applicant.  Even though sections of the application are considered "confidential" as far as public inspection thereof is concerned, the administrator, to the extent permitted by G.S. 54C‑60, may comment on such confidential submissions in any public statement in connection with any decision on the application without prior notice to the applicant.

 

History Note:        Authority G.S. 54C‑33; 54C‑53;

Eff. January 15, 1992.