NORTH CAROLINA GENERAL ASSEMBLY

1979 SESSION

 

 

CHAPTER 359

HOUSE BILL 520

 

 

AN ACT TO AMEND G.S. 55-36 WITH RESPECT TO THE VALIDITY OF CORPORATE INSTRUMENTS SIGNED BY A CORPORATION'S ASSISTANT VICE-PRESIDENT.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 55-36 is amended in line 6 by adding a comma after the word "president", deleting the word "or" which follows the word "president", and inserting the phrase "or an assistant vice-president" after the word "vice-president".

Sec. 2.  Subsection (b) of G.S. 55-36 is amended by adding after "vice-president," the following: "an assistant vice-president,".

Sec. 3.  This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 13th day of April, 1979.