Title: S1359 [Filed]
Category: Bill Draft

General Assembly of North Carolina	Session 2005

GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2005
S	D
SENATE DRS75428-LL-261  (12/1)

Short Title:	Charter School Retirement Election. | (Public)
Sponsors: | Senator Lucas.
Referred to: |

A BILL TO BE ENTITLED
AN ACT to authorize an existing charter school to elect to participate in the teachers' and state employees' retirement system.
The General Assembly of North Carolina enacts:
SECTION 1.  Notwithstanding the time limitations contained in G.S. 135‑5.3, the board of directors of Carter Community School, a charter school in Durham, may elect for the school to become a participating employer in the Teachers' and State Employees' Retirement System in accordance with Article 1 of Chapter 135 of the General Statutes. The election authorized by this section shall be made no later than 30 days after the effective date of this act and shall be made in accordance with all other requirements of G.S. 135‑5.3.
SECTION 2.  This act is effective when it becomes law.

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