NORTH CAROLINA GENERAL ASSEMBLY

1973 SESSION

 

 

CHAPTER 1036

HOUSE BILL 1631

 

 

AN ACT TO AMEND G.S. 87-10 TO RAISE THE MONETARY LIMITS FOR LIMITED AND INTERMEDIATE GENERAL CONTRACTOR LICENSE.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 87-10, as the same appears in the 1973 Cumulative Supplement to Volume 2C of the General Statutes, is hereby amended on lines 12 and 13 by deleting the words and figures "three hundred thousand dollars ($300,000)" and inserting in lieu thereof the words and figures "four hundred twenty-five thousand dollars ($425,000)".

Sec. 2.  G.S. 87-10, as the same appears in the 1973 Cumulative Supplement to Volume 2C of the General Statutes, is hereby amended on line 16 by deleting the words and figures "seventy-five thousand dollars ($75,000)" and inserting in lieu thereof the words and figures "one hundred twenty-five thousand dollars ($125,000)."

Sec. 3.  This act shall become effective July 1, 1974.

In the General Assembly read three times and ratified, this the 25th day of March, 1974.