NORTH CAROLINA GENERAL ASSEMBLY

1963 SESSION

 

 

CHAPTER 1120

SENATE BILL 419

 

 

AN ACT TO AMEND G.S. 105-296.1 SO AS TO INCREASE THE PAYMENT TO COUNTIES IN WHICH STATE-OWNED TIMBER LANDS ARE SITUATED FROM TEN PER CENT (10%) TO TWENTY PER CENT (20%) UPON SALES OF TIMBER PRODUCTS SOLD.

 

The General Assembly of North Carolina do enact:

 

Section 1.  G.S. 105-296.1 is amended by changing the words and figures "ten per cent (10%)" to the words and figures "fifteen per cent (15%)" in line 4 thereof.

Sec. 1.1.  G.S. 105-296.1 is further amended by inserting after the comma following the figures "113-34" and before the word "said" in line 17, the words and punctuation "or by the Wildlife Resources Commission,".

Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 24th day of June, 1963.