NORTH CAROLINA GENERAL ASSEMBLY
1979 SESSION

CHAPTER 1127
HOUSE BILL 1663

AN ACT TO DISTRIBUTE ABC FUNDS TO THE VILLAGE OF FOXFIRE AND WHISPERING PINES.

The General Assembly of North Carolina enacts:

Section 1. Notwithstanding contrary provisions of any general, private, local or other law, the Moore County Board of Alcoholic Control shall pay to the general fund of the Village of Foxfire and the Village of Whispering Pines, fifty percent (50%) of the net profits accrued under the provisions of G.S. 18A-15(3)c.3 from the sale of alcoholic beverages which are sold to permittees located in the respective villages, who are authorized to sell mixed beverages. The net profits mentioned herein shall be determined by quarterly audits and proper percentages paid to the villages within the next quarter.
Sec. 2. This act shall become effective July 1, 1980.
In the General Assembly read three times and ratified, this the 19th day of June, 1980.