NORTH CAROLINA GENERAL ASSEMBLY

1971 SESSION

 

 

CHAPTER 1096

SENATE BILL 627

 

 

AN ACT TO AMEND G.S. 115-101 AUTHORIZING THE STATE BOARD OF EDUCATION TO MAKE LOANS FROM THE STATE LITERARY FUND TO COUNTY AND CITY BOARDS OF EDUCATION FOR THE PURPOSE OF AIDING IN THE ERECTION AND EQUIPMENT OF SCHOOL PLANTS, MAINTENANCE BUILDINGS AND TRANSPORTATION GARAGES.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 115-101 is amended by rewriting the first sentence of the second full paragraph so that the same shall read as follows:

"The State Board of Education, under such rules and regulations as it may deem advisable, not inconsistent with the provisions of this Article, may make loans from the State Literary Fund to the counties for the use of county and city boards of education under such rules and regulations as it may adopt and according to law for the purpose of aiding in the erection and equipment of school plants, maintenance buildings and transportation garages."

Sec. 2.  This act shall become effective upon ratification.

In the General Assembly read three times and ratified, this the 21st day of July, 1971.