GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2003
SESSION LAW 2003-24
SENATE BILL 338
AN ACT to remove the sunset on the law providing that CERTAIN SECONDARY SUPPLIERS OF ELECTRIC SERVICE may FURNISH SERVICE WITHIN THE CORPORATE LIMITS OF A CITY WITH WRITTEN CONSENT FROM THE CITY, allowing THE members OF AN ELECTRIC MEMBERSHIP CORPORATION TO VOTE BY PROXY ON DECISIONS TO ENCUMBER CORPORATE PROPERTY OR TO DISSOLVE THE CORPORATION, AND MAKing TECHNICAL CHANGES to the law regarding municipal electric service.
The General Assembly of North Carolina enacts:
SECTION 1. Section 6 of Chapter 346 of the 1997 Session Laws, as amended by S.L. 1999-111, reads as rewritten:
"Section 6. This act is effective when it
becomes law and applies only to annexations or incorporations that occur on or
after the effective date. This act expires on December 31, 2003."
SECTION 2. This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 14th day of April, 2003.
s/ Beverly E. Perdue
President of the Senate
s/ James B. Black
Speaker of the House of Representatives
s/ Michael F. Easley
Governor
Approved 4:20 p.m. this 24th day of April, 2003