NORTH CAROLINA GENERAL ASSEMBLY

1975 SESSION

 

 

CHAPTER 248

SENATE BILL 609

 

AN ACT TO AMEND CHAPTER 995 OF THE 1963 SESSION LAWS TO PROVIDE FOR THE APPOINTMENT OR ELECTION OF A RETIREMENT BOARD FOR EMPLOYEES OF THE CITY OF WILMINGTON.

 

The General Assembly of North Carolina enacts:

 

Section 1. Section 3(e) of Chapter 995 of the 1963 Session Laws is hereby rewritten as follows:

"(e)      The ordinance may provide for the appointment or election of a retirement board and for the delegation to such board of such powers and duties as may be deemed necessary to carry out the intent and purpose for which the fund is established."

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

In the General Assembly read three times and ratified, this the 9th day of May, 1975.