GENERAL ASSEMBLY OF NORTH CAROLINA

1987 SESSION

 

 

CHAPTER 706

SENATE BILL 714

 

AN ACT TO ABOLISH THE RULE IN SHELLEY'S CASE.

 

The General Assembly of North Carolina enacts:

 

Section 1.  Chapter 41 of the General Statutes is amended by adding a new section to read:

"§ 41-6.3.  Rule in Shelley's case abolished. - The rule of property known as the rule in Shelley's case is abolished."

Sec. 2.  This act shall become effective October 1, 1987, and applies to transfers of property that take effect on or after that date.

In the General Assembly read three times and ratified this the 31st day of July, 1987.