GENERAL ASSEMBLY OF NORTH CAROLINA

1987 SESSION

 

 

CHAPTER 1027

HOUSE BILL 657

 

AN ACT TO MODIFY THE PROVISIONS OF G.S. 159-64 AS APPLIED TO BONDS AUTHORIZED DURING THE CALENDAR YEAR 1981 EXTENDING THE TIME WITHIN WHICH SUCH BONDS MAY BE ISSUED.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 159-64 is amended by striking out the words "seven years" in the first sentence thereof and inserting in lieu thereof the words "ten years".

Sec. 2.  The provisions of this act shall apply only to bonds authorized during the period January 1, 1981, through December 31, 1981.

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  All laws in conflict with the provisions of this act are hereby repealed.

Sec. 4.  This act is effective upon ratification.

In the General Assembly read three times and ratified this the 30th day of June, 1988.