NORTH CAROLINA GENERAL ASSEMBLY
1973 SESSION
CHAPTER 1037
HOUSE BILL 1866
AN ACT TO AMEND G.S. 159-48(d) OF THE LOCAL GOVERNMENT BOND ACT BY PROVIDING THAT IMPROVEMENT OF EXISTING TELEPHONE SERVICES IS A PURPOSE FOR WHICH BONDS MAY BE ISSUED BY A LOCAL GOVERNMENT UNIT.
The General Assembly of North Carolina enacts:
Section 1. G.S. 159-48(d) is hereby amended by adding the following subdivision (6):
"(6) Improving existing systems or facilities for the transmission or distribution of telephone services."
Sec. 2. This act shall become effective upon ratification.
In the General Assembly read three times and ratified, this the 25th day of March, 1974.