NORTH CAROLINA GENERAL ASSEMBLY
1961 SESSION
CHAPTER 704
HOUSE BILL 868
AN ACT DIRECTING THE BOARD OF COUNTY COMMISSIONERS OF YANCEY COUNTY TO TURN CERTAIN DELINQUENT TAXES INTO THE GENERAL FUND AND DEBT SERVICE FUND OF SAID COUNTY.
The General Assembly of North Carolina do enact:
Section 1. The Board of County Commissioners of Yancey County is hereby required to turn into the General Fund of the County sixty per cent (60%) of the proceeds of all uncollected taxes for the year 1959, and all prior years, which may be collected after June 1, 1961, and forty per cent (40%) of the proceeds of such taxes shall be paid into the Debt Service Fund of said County.
Sec. 2. All laws and clauses of laws in conflict with this Act are hereby repealed.
Sec. 3. This Act shall be in full force and effect from and after its ratification.
In the General Assembly read three times and ratified, this the 9th day of June, 1961.