GENERAL ASSEMBLY OF NORTH CAROLINA
1985 SESSION
CHAPTER 289
AN ACT CONCERNING DISTRIBUTION OF PROFITS FROM THE WALNUT COVE ABC SYSTEM.
The General Assembly of North Carolina enacts:
Section 1. Section 12 of Chapter 832, Session Laws of 1969, as rewritten by Chapter 307, Session Laws of 1973, is amended as follows:
(1) subsection (a) is amended by deleting "Fifty percent (50%)", and substituting "Sixty-four percent (64%)";
(2) subsection (c) is amended by deleting "Thirty-eight percent (38%)", and substituting "Twenty percent (20%)"; and
(3) subsection (d) is amended by deleting "Five percent (5%)", and substituting "Nine percent (9%)".
Sec. 2. This act shall become effective June 30, 1985.
In the General Assembly read three times and ratified, this the 30th day of May, 1985.