NORTH CAROLINA GENERAL ASSEMBLY

1961 SESSION

 

 

CHAPTER 1194

HOUSE BILL 1118

 

 

AN ACT TO AMEND G.S. 143 KNOWN AS THE EXECUTIVE BUDGET ACT IN ORDER TO CLARIFY THE AUTHORITY OF THE STATE TO OPERATE A CENTRAL PAYROLL UNIT AND MAKE DEPOSITS AND DISBURSEMENTS NECESSARY TO SUCH OPERATION.

 

The General Assembly of North Carolina do enact:

 

Section 1.  G.S. 143‑3.2 is amended by changing the period at the end of the third sentence to a semicolon and adding the following language thereafter:

"provided, however that a Central Payroll Unit operating under the Department of Administration may make deposits and withdrawals directly to and from a disbursing account which shall constitute a revolving fund for servicing payrolls passed through such Central Payroll Unit".

Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 22nd day of June, 1961.