NORTH CAROLINA GENERAL ASSEMBLY

1975 SESSION

 

 

CHAPTER 545

SENATE BILL 462

 

 

AN ACT TO AMEND G.S. 159-64 TO EXTEND THE TIME WITHIN WHICH BONDS AUTHORIZED ON OR AFTER JANUARY 1, 1971, MAY BE ISSUED.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 159-64 is hereby amended by striking out the words "five years" in the second line thereof and inserting in lieu thereof the words "seven years".

Sec. 2.  The provisions of this act shall apply to bonds authorized by bond orders which took effect from January 1, 1971, through the effective date of this act or which shall take effect hereafter.

Sec. 3.  This act shall become effective upon its ratification.

In the General Assembly read three times and ratified, this the 11th day of June, 1975.