NORTH CAROLINA GENERAL ASSEMBLY

1975 SESSION

 

 

CHAPTER 26

HOUSE BILL 103

 

 

AN ACT TO MODIFY THE PROVISIONS OF G.S. 159-64 AS APPLIED TO BONDS AUTHORIZED DURING THE CALENDAR YEAR 1970 EXTENDING THE TIME WITHIN WHICH SUCH BONDS MAY BE ISSUED.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 159-64 is hereby amended by striking out the words "five years" in the second line thereof and inserting in lieu thereof the words "seven years".

Sec. 2.  The provisions of this act shall apply only to the bonds authorized during the period January 1, 1970, through December 31, 1970.

Sec. 3.  All laws and clauses of laws in conflict with the provisions of this act are hereby repealed.

Sec. 4.  This act shall become effective upon ratification.

In the General Assembly read three times and ratified, this the 28th day of February, 1975.