NORTH CAROLINA GENERAL ASSEMBLY

1961 SESSION

 

 

CHAPTER 644

HOUSE BILL 581

 

 

AN ACT TO AMEND SECTION 75A‑3 OF THE GENERAL STATUTES OF NORTH CAROLINA.

 

The General Assembly of North Carolina do enact:

 

Section 1.  Section 3 of Chapter 75 A of the General Statutes of North Carolina, as the same appears in the 1960 Replacement Volume 2B, is hereby amended by deleting from lines 8 and 9 of subsection (c) thereof the words "within two years from the funds collected pursuant to the numbering: provisions of this Chapter" and by inserting in lieu thereof the following:

"from the funds collected pursuant to the numbering provisions of this Chapter in four equal installments, the first installment in the amount of twenty‑five thousand dollars ($25,000.00) to be remitted on or before September 1, 1961, and a like sum to become due and payable on the first day of September during each of the years 1962, 1963 and 1964."

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  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall become effective upon the date of its ratification.

In the General Assembly read three times and ratified, this the 6th day of June, 1961.