NORTH CAROLINA GENERAL ASSEMBLY

1963 SESSION

 

 

CHAPTER 953

SENATE BILL 544

 

 

AN ACT TO AMEND G.S. 143-166 RELATING TO BENEFITS PAYABLE FROM THE LAW ENFORCEMENT OFFICERS' BENEFIT AND RETIREMENT FUND.

 

The General Assembly of North Carolina do enact:

 

Section 1.  (a) Subdivision (1) of the third paragraph of subsection(i) of G.S. 143‑166 is hereby amended by striking out the words and figures "five per cent (5%)" and inserting in lieu thereof the words and figures "fifteen per cent (15%)" immediately following the word "year" in the third line.

(b)        Subdivision (2) of the third paragraph of subsection (i) of G.S. 143-166 is hereby amended by inserting the words "three times" immediately following the word "exceed" in the first line thereof.

(c)        The fourth paragraph of subsection (i) of G.S. 143-166 is hereby amended by inserting the words "three times" immediately following the words "equal to" in the third line.

(d)        The fourth paragraph of subsection (i) of G.S. 143-166 is hereby amended by inserting the words "an amount equal to three times" immediately following the word "and" in the third line.

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  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall become effective upon its ratification.

In the General Assembly read three times and ratified, this the 18th day of June, 1963.