NORTH CAROLINA GENERAL ASSEMBLY

1971 SESSION

 

 

CHAPTER 553

SENATE BILL 369

 

 

AN ACT TO AMEND G.S. 62-3(23)d. TO EXEMPT NON-PROFIT WATER MEMBERSHIP CORPORATIONS FINANCED BY THE FARMERS HOME ADMINISTRATION FROM REGULATION AS PUBLIC UTILITIES.

 

The General Assembly of North Carolina do enact:

 

Section 1.  G.S. 62-3(23)d. is hereby amended by inserting immediately following the words "telephone membership corporation" in line 3 of said subsection the following: "or non-profit water membership corporations financed by the Farmers Home Administration".

Sec. 2.  This act shall be in full force and effect after its ratification.

In the General Assembly read three times and ratified, this the 14th day of June, 1971.