NORTH CAROLINA GENERAL ASSEMBLY

1973 SESSION

 

 

CHAPTER 267

HOUSE BILL 752

 

AN ACT TO AMEND CHAPTER 926 OF THE 1947 SESSION LAWS, AS AMENDED, ESTABLISHING THE CHARLOTTE FIREMEN'S RETIREMENT SYSTEM RELATING TO INVESTMENT OF FUNDS.

 

The General Assembly of North Carolina enacts:

 

Section 1. Sec. 4(c)(6) of Chapter 926, 1947 Session Laws, as amended, is hereby further amended by deleting the word "three" and substituting in lieu thereof the word "four".

Sec. 2. Sec. 4(c)(7) of Chapter 926, 1947 Session Laws, as amended, is hereby further amended by deleting the word "three" and substituting in lieu thereof the word "four".

Sec. 3. Sec. 4.1(8) of Chapter 926, 1947 Session Laws, as amended, is hereby further amended by deleting the words and numbers "Forty-five per centum (45%)" and substituting in lieu thereof the words and numbers "Sixty per centum (60%)".

Sec. 4. This act shall apply to the City of Charlotte only.

Sec. 5. This act shall become effective upon its ratification.

In the General Assembly read three times and ratified, this the 25th day of April, 1973.