NORTH CAROLINA GENERAL ASSEMBLY

1977 SESSION

 

 

CHAPTER 240

HOUSE BILL 403

 

 

AN ACT TO AMEND G.S. 14-234 TO PERMIT CERTAIN PUBLIC OFFICIALS TO TRANSACT BUSINESS WITH PUBLIC UTILITIES IN THE REGULAR COURSE OF BUSINESS.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 14-234 is hereby amended by inserting after the phrase "savings and loan associations" in line 9 of said section the words "or public utilities regulated under the provisions of Chapter 62 of the General Statutes", and at the end of the first paragraph of G.S. 14-234 insert the following language before the period: "by specific resolution on which such public official shall not vote".

Sec. 2.  This act shall become effective upon ratification.

In the General Assembly read three times and ratified, this the 21st day of April, 1977.