GENERAL ASSEMBLY OF NORTH CAROLINA

1983 SESSION

 

 

CHAPTER 812

HOUSE BILL 148

 

AN ACT TO INCREASE THE INTEREST RATE PAID ON HIGHWAY CONDEMNATION JUDGMENTS TO CONFORM TO THE LEGAL INTEREST RATE.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 136-113 is amended by deleting:  "rate of 6% per annum" and substituting:  "legal rate as provided in G.S. 24-1".

Sec. 2.  This act shall become effective 10 days after ratification.

In the General Assembly read three times and ratified, this the 19th day of July, 1983.