GENERAL ASSEMBLY OF NORTH CAROLINA

1983 SESSION

 

 

CHAPTER 422

HOUSE BILL 579

 

AN ACT TO INCREASE THE MINIMUM AMOUNT FOR CONSTRUCTION CONTRACTS WHICH REQUIRE PERFORMANCE AND PAYMENT BONDS.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 44A-26(a) is hereby amended by deleting the words and figures "ten thousand dollars ($10,000)" and inserting in lieu thereof the words and figures "thirty thousand dollars ($30,000)".

Sec. 2.  This act shall apply only when the total amount of construction contracts awarded for any one project does not exceed thirty thousand dollars ($30,000).

Sec. 3.  This act applies to the City of Charlotte only.

Sec. 4.  This act shall become effective 60 days after ratification.

In the General Assembly read three times and ratified, this the 3rd day of June, 1983.