NORTH CAROLINA GENERAL ASSEMBLY

1967 SESSION

 

 

CHAPTER 820

SENATE BILL 209

 

 

AN ACT RELATING TO THE LEASING OF HOSPITAL FACILITIES TO NONPROFIT CORPORATIONS.

 

The General Assembly of North Carolina do enact:

 

Section 1.  G.S. 131-126.20 as the same appears in the 1964 Replacement Volume of the General Statutes is hereby amended by adding the following sentence at the end of subsection (c) thereof:

"Such lease may be for such duration or term of years as the municipality may deem wise and expedient, but no such lease shall be deemed to convey a freehold interest."

Sec. 2.  All laws and clauses of laws in conflict herewith are hereby repealed.

Sec. 3.  This Act shall be in full force and effect from and after ratification.

In the General Assembly read three times and ratified, this the 20th day of June, 1967.