GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION LAW 2017-43
SENATE BILL 122
AN ACT to repeal the charter of the town of centerville in franklin county.
The General Assembly of North Carolina enacts:
SECTION 1. Chapter 695 of the Session Laws of 1965 is repealed.
SECTION 2. The governing board of the Town of Centerville, as of the date this act becomes law, is continued in office for 30 days after the date it completes liquidation of the Town's assets and liabilities and submits its final audit to the Department of State Treasurer and any other financial reports that may be required by law.
SECTION 3. Any net assets of the Town shall be paid over to Fire and Rescue Association, Inc., of Centerville, North Carolina, which shall use those funds for some public purpose.
SECTION 4. This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 22nd day of June, 2017.
s/ Daniel J. Forest
President of the Senate
s/ Tim Moore
Speaker of the House of Representatives